Which of the statements-related to stakeholder conflict in business is FALSE? A. Stakeholders are those who own the business and they may have differences in opinions on the direction of the business. B. Agency conflict is present when the agent does not act in accordance to the expectations of the principal. C. An example of an agent is the board of directors who represents the numerous stockholders. D. Rank and file employees may prioritize achieving the identified performance measures to obtain additional financial compensation but in doing so, may cause concerns to other employees and departments.
Which of the statements-related to stakeholder conflict in business is FALSE? A. Stakeholders are those who own the business and they may have differences in opinions on the direction of the business. B. Agency conflict is present when the agent does not act in accordance to the expectations of the principal. C. An example of an agent is the board of directors who represents the numerous stockholders. D. Rank and file employees may prioritize achieving the identified performance measures to obtain additional financial compensation but in doing so, may cause concerns to other employees and departments.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
Which of the statements-related
to stakeholder conflict in business
is FALSE?
A. Stakeholders are those who own the business and they may have differences in opinions on the direction of the business.
B. Agency conflict is present when the agent does not act in accordance to the expectations of the principal.
C. An example of an agent is the board of directors who represents the numerous stockholders.
D. Rank and file employees may prioritize achieving the identified performance measures to obtain additional financial compensation but in doing so, may cause concerns to other employees and departments.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON