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In the Russian oil industry, such sales of oil to manager-owned trading companies (which often do not even pay for the oil) are evidently common. An even more dramatic alternative is to sell the assets, and not just the output, of the company to other manager-owned businesses at below market prices. For example, the Economist (June 1995) reports that Korean chaebol sometimes sell their subsidiaries to the relatives of the chaebol founder at low prices. Zingales (1994) describes an episode in which one state-controlled Italian firm sold some assets to another at an excessively high price. These instances are the examples of Agency problem (when managers place personal goals ahead of the goals of shareholders). Say, you are a newly appointed independent director on any of such companies, what could be the possible ways by which you will control this company's asset transfer to managers? What is the best corporate governance mechanism, you would like undertake in the company?
Critically discuss the commodification of workplace emotion, the cost to workers and issues that might occur from emotional labour.
1. You have a supermarket store that have a self-checkout convenience. 2. As a teacher in JUC for CS 424 Computer Security, you have a class of 250+ students.
Give examples from your employment history where you witnessed moral hazard in the workplace.
What industry forces might cause a niche to appear or disapper?
1. Following a severe spinal cord injury in the lumbar region, the voluntary muscles of the legs and hips will be paralyzed. Describe the effects of paralysis on the skeleton.
The definition of workforce diversity in the global context used in this text divides the workforce into distinction categories
Provide one example for each of the four strategies for companies entering a global market.
The other has a background providing risk management consulting services to department stores. Which person would you choose if everything else was equal?
A couple of months ago, Maria applied for the position of a "Marketing Coordinator" in an e- commerce based setup. On the desired day, she was asked to an asses
What are the ramifications of failure to observe WHS policies, procedures and legislative requirements? Ramifications for failure to observe WHS policies
A historian was quoted as saying that if it hadn't been for slavery the ancient Romans would have had color television. What economic conclusions can you draw from that statement? (Macro Economics beginning chapters)
Describe how two of the techniques described might help prevent a person from starting a business that is doomed to fail. You may use a particular business.
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