Which of the Following Is a Tool a Firm Can

question 14

Multiple Choice

Which of the following is a tool a firm can use to combat agency problems?

• A)Monitoring
• B)Performance-Based Incentives
• C)Bureaucracy
• D)a,b & c
• E)None of the above

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Definitions:

Executive Branch

The part of government responsible for implementing, supporting, and enforcing laws, typically headed by the president or prime minister.

Department of Education

A government agency responsible for national policies, programs, and guidelines related to education and improving educational outcomes.

Lobbying

The practice of private advocacy to influence the government.

Advocacy

The act of publicly supporting or recommending a particular cause or policy.