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Agency problems arise in the case of decentralization related to: Group of answer choices A. The fact that local managers have private information. B. The
Agency problems arise in the case of decentralization related to:
Group of answer choices
A. The fact that local managers have private information.
B. The fact that senior management cannot observe local manager effort (i.e., "hidden action").
Both A. and B.
Neither A. or B.
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