Which of the Following Is an Adequate Definition of a Delegated

question 35

Multiple Choice

Which of the following is an adequate definition of a delegated monitor?

• A)An economic agent appointed to act on behalf of large groups of agents and principals in collecting information and/or investing funds.
• B)An economic agent appointed to act on behalf of large groups of principals in collecting information and/or investing funds.
• C)An economic agent appointed to act on behalf of smaller agents in collecting information and/or investing funds.
• D)An economic agent appointed to act on behalf of smaller principals in collecting information and/or investing funds.

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Definitions:

George Pullman

An American engineer and industrialist who designed and manufactured the Pullman sleeping car and founded a company town for his workers, contributing to the development of labor relations in the United States.

Model Factory Town

A planned community designed primarily for the housing of factory workers and the functionality of a particular industry, promoting efficiency and productivity.

Industrialization

The transformation of an economy from being predominantly agricultural to one that is centered on manufacturing goods, which results in technological advancements and the growth of cities.

Chicago

A major city in the United States, located in Illinois, known for its significant historical and cultural contributions and as a hub for commerce and transportation.