a. What should the management of Sports Products, Inc., pursue as its overriding goal? Why?

b. Does the firm appear to have an agency problem? Explain.

c. Evaluate the firms approach to pollution control. Does it seem to be ethical?

Why might incurring the expense to control pollution be in the best interests of the firms owners in spite of its negative impact on profits?

d. On the basis of the information provided, what specific recommendations would you offer the firm?