Examlex
Fonterra,the New Zealand-based multinational dairy products business,ranked the number one milk processor in the world by volume,relies on China for 40 per cent of its global sales.
Quality
How well a product or service fulfills or goes beyond what customers anticipate.
Agency Costs
The costs associated with resolving conflicts of interest between principals and agents, including monitoring and incentive expenses.
Principals
Individuals or entities that authorize agents to act on their behalf in business transactions.
Incentivizing Agents
Strategies to motivate individuals or entities acting on behalf of others or organizations towards desired behaviors or goals, often through rewards or benefits.
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