Examlex
What is human A&P?
Principal-Agent Problem
Refers to a situation in business where there is a conflict of interest between a principal (e.g., an owner or shareholder) and an agent (e.g., a CEO or manager) hired to act on the principal's behalf.
Stockholders
Individuals or entities that own shares in a corporation, giving them ownership interests and rights to dividends.
Workers
Workers are individuals engaged in physical or intellectual activities to produce goods or provide services in exchange for wages.
Managers
Individuals in an organization responsible for controlling or administering all or part of a company, often involved in making crucial corporate decisions.
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