Which Is NOT an Example of a Principal-Agent Problem

question 128

Multiple Choice

Which is NOT an example of a principal-agent problem?

• A) A union president makes a move to expand membership and strengthen his support,even though it compromises representation of current members.
• B) Gwendolyn is visiting an unfamiliar city and takes a taxi to travel between destinations.The cab driver takes inefficient routes in order to increase her fare.
• C) A U.S.representative gets legislation passed in order to fund a road project in her home district,despite opposition from nearly half of her colleagues.
• D) Employees at a restaurant loaf around when the manager leaves for a few hours to purchase supplies.
• E) An instructor carelessly grades an important exam in order to have more free time on the weekend.

Understand the concepts of defensive and nondefensive communication and their impact on interpersonal interactions.

Identify and explain various channels and technologies used in communication, focusing on their appropriateness and etiquette.

Recognize the barriers to effective communication, including language, stereotypes, and professional jargon, and strategies to overcome them.

Explain the role and characteristics of effective written communication in organizational contexts.

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Definitions:

Conflict

a serious disagreement or argument, typically a protracted one between individuals, groups, or nations.

Private Employment Agencies

Agencies that assist individuals in finding employment and help companies to fill vacancies.

Unskilled Job Applicants

Individuals seeking employment who lack specific training or qualifications for the positions they apply for.

Competitive Issues

Challenges and concerns that affect a company's ability to compete effectively in the market, such as innovation, pricing, and product quality.