Which of These Are NOT Basic Approaches to Minimizing the Agency

question 4

Multiple Choice

Which of these are NOT basic approaches to minimizing the agency problem?

• A) ignore the conflict of interest
• B) monitor managers' actions
• C) align managers' personal interest with those of the owners by making the managers owners
• D) all of these choices are correct.

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Definitions:

Object Permanence

Object permanence is the understanding that objects continue to exist even when they cannot be seen, heard, or touched.

Formal Operational

A stage in Piaget's theory of cognitive development, where individuals develop the ability to think abstractly and reason logically.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, usually developed in infancy.

Developmental Stages

Distinct phases of growth or progression in physical, psychological, or intellectual development typical of certain age ranges in humans or other organisms.