A Set of Ideas on Organizational Control Based on the Belief

question 1

Multiple Choice

A set of ideas on organizational control based on the belief that the separation of the ownership from management creates the potential for the wishes of owners to be ignored is known as

• A) Agency theory
• B) Adverse selection principle
• C) Moral hazard problem
• D) Self concept

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Definitions:

Recognition

The act of acknowledging or rewarding an individual's achievements, contributions, or status, often used as a motivational tool in the workplace.

Alarm

The initial reaction of the body to a perceived threat, part of the stress response involving immediate physiological changes.

Cross-functional Teams

Groups composed of members from different departments or areas of expertise, working together towards a common goal.

Project Teams

Groups assembled with specific skills to work collaboratively on designated projects, focusing on achieving the project's objectives.