What Problems Do Owners Face in Encouraging Goal Congruence of Managers

question 73

Essay

What problems do owners face in encouraging goal congruence of managers? What is a stock option? How can stock options encourage goal congruence?

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Definitions:

Offshoring

The practice of shifting work previously done by domestic workers to workers located abroad.

Trading Partner

A country or organization which engages in international trade with another entity, typically exchanging goods, services, or information.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its trading partners, forming the basis of international trade.