A Contingent Contract Can Create Production Inefficiency; However,many Principals Accept

question 39

Multiple Choice

A contingent contract can create production inefficiency; however,many principals accept this because

• A) inefficiency is inevitable.
• B) monitoring is costless.
• C) risk is reduced.
• D) profit will increase as a result.

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Definitions:

Virtual Environment

A computer-generated scenario that simulates a realistic experience, often used for training, gaming, or remote collaboration.

Traditional Office

A conventional workspace where employees perform their job duties in a physical location designated by the employer.

Instant Messaging

A form of real-time text-based communication between two or more people over the internet.

Instantaneous Reply

A response given immediately without delay, often in the context of digital communication.