Describe principal-agent issues at various levels

Assignment Help Microeconomics
Reference no: EM13854741

Principal-agent issues you have observed where you work (orwhere you last worked or volunteered)

a. Name and describe who the principals are.

b. Describe principal-agent issues at various levels of the organization, and explain how they arise, using the concepts from

c. (a) How, and (b) under what circumstances, does this organization work to mitigate principal-agent issues in the following ways:

(1) monitoring

(2) individual performance-based incentives

(3) team performance-based incentives

(4) centralization in decision-making

(5) decentralization in decision-making

Reference no: EM13854741

Questions Cloud

Create a boxplot depicting the results : Create a boxplot depicting the results
Describe a school-based example of positive reinforcement : Describe a school-based example of two of the following: positive reinforcement, negative reinforcement, punishment, or extinction. Discuss at least two benefits of conducting an FBA to address problem behaviors.
Roximodistal development means : Autonomy is defined as "being in control of your choices and decisions." Which of the following does NOT support student autonomy. Proximodistal development means
What are the three functions of money : What are the three functions of money and Which function is the defining characteristic and how is the discount rate different from the federal funds rate?
Describe principal-agent issues at various levels : Describe principal-agent issues at various levels of the organization, and explain how they arise, using the concepts from
Problem regarding the constrained optimization : A company produces and sells four grades of industrial solvents - A, B, C, and D. The selling price per gallon of each grade of solventis $6.40, $5.00, $4.20, and $3.50 respectively.  Because of demand limitations, the company can sell at most 100..
Draws partly on the documentary use of sociological concepts : Draws partly on the documentary to answer the question. May only answer part of the question, draws more heavily on anecdotal examples and personal examples in answer. Somewhat clear expression and some use of sociological concepts. May not meet w..
Christianity teaches that god exists in three persons : Christianity teaches that God exists in three persons:
How does your deposit change the banks t-account : Why do some economists claim that we should not worry too much about inflation at this level - What are the other costs be to consider if the inflation rate unexpectedly turns out to be higher than 7% - How does your deposit change the Bank's T-acc..

Reviews

Write a Review

Microeconomics Questions & Answers

  Perfect competition-furniture industry

The industry has been very fragmented, so that few companies have the financial backing to make heavy investments in new technology and equipment.

  Calculate the amount of profit that will be earned

Calculate the amount of profit that will be earned and the percentage return achieved. Also, recommend whether this speculative investment or another investment with similar or higher returns at lower risk should be selected.

  What advice can you offer mcburger

How much revenue does McBurger currently earn based on the information above and is McBurger maximizing its revenues

  Find the interest rate you are being charged per year

You took a $1500 loan today and agreed to pay $500 in year two, $500 in year 4 and $1500 in year 6 (final year). Find the interest rate you are being charged per year using.

  How much money to withdraw

If he deposits %5000 each year, how much will his daughter be able to withdraw each year starting in year 18 and continuing through year 22? Assume the account earns interest at 8% a year.

  Explain the concept of a concentration ratio

Explain the concept of a concentration ratio and is the concentration ratio in a monopolistically competitive industry likely to be higher than for a perfectly competitive industry? Explain your answer

  Imagine you are working in the dvd rental industry

Imagine you are working in the DVD rental industry and there is a permanent decline in demand DVD rentals. Do you think the price of renting DVDs rise, fall or stay about the same in the long run, ceteris paribus (assume a perfectly competitive marke..

  Data that provide labels or names for categories of like

Data that provide labels or names for categories of like items

  Businesses like to charge customers dissimilar prices

Why do Movie theatres, airlines, and many other businesses like to charge customers dissimilar prices based on time of the day, age, and purchase dates? Provide an example of a price discrimination for a good or service that you thought it to unfair...

  Recognize its growth in output per capita and in population

within the discussion board area write 400-600 words that respond to the following questions with your thoughts ideas

  Determine optimal output, price, profit and revenue

Suppose that instead of maximizing profit, the firm wants to maximize total revenue. Using algebra determine the optimal output, price, profit and revenue for the firm.

  What do you mean by regional trading blocs write down the

what are regional trading blocs? what are the three largest regional trading blocs? what countries are members of each

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd