The Agency Problem Can Be Mitigated by ________

question 9

Multiple Choice

The agency problem can be mitigated by ________.

• A)greater transparency
• B)a higher degree of independence
• C)design of contracts
• D)internal auditing

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Definitions:

High-Performance Work Systems

An approach to organizational management that aims to stimulate more effective employee performance and improved organizational outcomes through a combination of best practices in workforce management and organizational processes.

High-Performance Work Systems

Organizational approaches that integrate various human resource practices to enhance employee effectiveness and organizational performance.

Measurable Skill Sets

Specific abilities or competencies that can be quantitatively assessed or evaluated.

Organizational Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together the diverse parts of an organization.