Agency Problems Appear in Many Settings Within a Firm

question 10

Multiple Choice

Agency problems appear in many settings within a firm.All of the following are examples,except which is NOT a good example of this problem?

• A) Diversified stockholders are more enthusiastic on accepting business risks than are firm managers.
• B) Firm managers receive cash bonuses based on the performance of the firm.
• C) Employees sometime take items from the store in which they work.
• D) Lenders to firms want the managers to invest in safe projects to protect their collateral in the project but managers want to invest in projects that will make a name for them and warrant promotion.
• E) Firm managers sometime want to relax on the job.

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Definitions:

CMA (AAMA) Certification Exam

The certification examination for medical assistants administrated by the American Association of Medical Assistants to verify their competency in various health care tasks.

Legal and Ethical Concepts

Fundamental principles and values in law and morality that guide behaviors and decision-making in society and professions.

Scope of Practice

The procedures, actions, and processes that a healthcare practitioner is permitted to undertake in keeping with the terms of their professional license.

Clinical Skill

The ability to perform actions or tasks effectively in a healthcare setting, which requires specific knowledge, expertise, and technique.