In Which of the Following Organizations Would the Existence of Agency

question 17

Multiple Choice

In which of the following organizations would the existence of agency problems be least likely?

• A)A sole proprietorship
• B)A partnership
• C)A corporation
• D)A closely held corporation

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Definitions:

Grapevine

A network within the informal organization that communicates incomplete, but usually somewhat accurate information.

Gossip Network

A system through which rumors, informal information, or personal talk is spread within a community or organization.

High-Context Cultures

Cultures in which communication relies heavily on contextual cues such as body language, tone of voice, and social status, rather than solely on explicit words.

Proxemics

The study of human use of space and the effects that population density has on behavior, communication, and social interaction.