In the agency model, the owners of corporations are the agents and the stockholders are the principals
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: In the agency model, the owners of corporations are the PRINCIPALS and the AGENTS are the MANAGERS.
You might also like to view...
_____ flows from supervisor to employee, from policy makers to operating personnel, or from top to bottom on the organization chart.?
A) ?Upward communication B) ?Horizontal communication C) ?Downward communication D) Lateral communication
Dakota's question to Austin, "Will you buy my computer for $800?" is an offer to Austin
a. True b. False Indicate whether the statement is true or false
Henderson Products is a price-setter that uses the cost-plus pricing approach
The products are specialty components used in industrial equipment. The CEO is certain that the company can produce and sell 500,000 units per year, due to the high demand for the product. Variable costs are $3.25 per unit. Total fixed costs are $860,000 per year. The target operating income for the year is $150,000. What sales price would allow the CEO to achieve the target if the cost-plus pricing method is used? (Round your answer to nearest cent.) Show all computations. What will be an ideal response
It would be safe to make the statement that modern telecommunications now take business activities to labor rather than moving labor to the places of business
Indicate whether the statement is true or false.