There Is Less of a Principal-Agent Problem Between Managers and Apple

question 139

Multiple Choice

There is less of a principal-agent problem between managers and apple pickers than between managers and secretaries because:​

• A)apple pickers naturally work harder.
• B)secretaries get paid less than their worth.
• C)productivity is easier to measure in apple picking than in secretarial services.
• D)a secretary's marginal product is easier to estimate than an apple picker's.
• E)secretaries receive on-the-job training but the apple pickers receive no such training.

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Definitions:

Organizational Performance

Is the measurement of an organization's efficiency, effectiveness, and ability to achieve its goals and objectives, often evaluated through financial outcomes, productivity, and competitiveness.

Big Five Dimensions

A model outlining five broad dimensions used to describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.

Conscientiousness

A personality trait characterized by thoroughness, diligence, and the desire to do one’s work well.