The Separation of the Ownership of Capital Necessary to Fund

question 95

Multiple Choice

The separation of the ownership of capital necessary to fund a business enterprise from the day-to-day operational management of business affairs is known as ________.

• A) stock ownership
• B) agency problem
• C) corporate governance
• D) principal problem

---

Definitions:

HRM Function

A series of strategic and coherent processes concerning the management of organizational human resources, focusing on recruitment, management, and providing direction for the people who work in the organization.

Performance Appraisal

A formal evaluation process in which an employee's job performance is assessed, typically by their supervisor, against a set of established criteria.

Employee Orientation

A process for introducing new employees to their job roles, their coworkers, and the culture and policies of the workplace.

Training And Development

A process aimed at improving employees' skills and knowledge for better performance in their current or future job roles.