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Which of the following is a tool a firm can use to combat agency problems?
Specific Goals
Objectives that are clearly defined, measurable, achievable, relevant, and time-bound.
Black Belt
A rank in martial arts signifying a high level of competence and expertise, often associated with years of training.
Performance Goals
Objectives centered around achieving a specific standard of proficiency on a task, often within a set timeframe.
Intrinsic Pleasure
A sense of satisfaction or joy derived from engaging in an activity for its own sake, rather than for some external reward.
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