What Do Economists Call the Situation Where a Hired Manager

question 209

Multiple Choice

What do economists call the situation where a hired manager does not have the same interests as the owners of the business?

• A)conquest and control
• B)a financial problem
• C)a principal-agent problem
• D)a financial intermediary problem

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Definitions:

Schizotypal Personality Disorder

A mental disorder characterized by severe social anxiety, thought disorder, paranoid ideation, derealization, transient psychosis, and often unconventional beliefs.

Negative Affectivity

A personality dimension that encompasses a wide range of feelings and behaviors typically viewed as negative, such as sadness, anger, and nervousness.

Psychoticism

A personality pattern typified by aggressiveness and interpersonal hostility.

Schizotypal Personality Disorder

A mental health issue identified by extreme fear of social interactions, erratic thinking, suspiciousness, episodes of feeling disconnected from reality, occasional psychosis, and often unconventional beliefs.