Suppose That You Are a Manager

question 101

Multiple Choice

Suppose that you are a manager. You are considering whether or not to monitor employees with the payoffs in the normal-form game shown below. What should the manager do to solve the shirking problem?

• A) Always monitor.
• B) Never monitor.
• C) Sincerely tell workers not to shirk.
• D) Engage in "random" spot checks of the workplace.

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Definitions:

Common Bile Duct

A major duct that carries bile from the liver and gallbladder into the small intestine for digestion.

Hypopharynx

The lower part of the pharynx (throat) that lies below the oropharynx and above the esophagus and larynx, involved in swallowing.

Pharynx

The muscular tube that extends from the back of the nose to the esophagus, part of the digestive and respiratory systems.

Small Intestine

A long, coiled section of the digestive system where most digestion and absorption of nutrients and minerals from food occurs.