Which of These Principal-Agent Relationships Is Least Likely to Pose

question 142

Multiple Choice

Which of these principal-agent relationships is least likely to pose a problem?​

• A)An individual hiring a gardener to mow her lawn
• B)An individual appointing lawyer to file a legal suit
• C)An individual following up with a doctor for liver disease
• D)An individual consulting an income tax lawyer for her company's tax policy
• E)An individual appointing a nurse for her daily routine check-up at the hospital

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Definitions:

Empowerment

The delegation of power or authority to employees and team members in an organization, enabling them to take initiative and make decisions.

Managing Antecedents

The process of identifying and addressing the factors that precede and influence behaviors within an organizational context.

Barriers

Obstacles or impediments that restrict or limit the process of progress or movement, often encountered in the context of communication, trade, and innovation.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior.