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Please complete A through D thank you! Identifying agency probleme, costs, and resolutions Expiain why each of the following shuasone is an agency probiem and
Please complete A through D thank you!
Identifying agency probleme, costs, and resolutions Expiain why each of the following shuasone is an agency probiem and what coss to the firm might resur from it. Suggest how the probiem might be dealt with short of tring the ind vidualis) involved, a. The front desk receptionist routinely takes an extra 20 minuins of lunch time to run personal eerangs. b. Division managers are padding coet estrmates so as to show shorf-torm effelency gains when the coots come in lower than the estimates. C. The firm's chief executive officer has had secret taks with a competitor about the possbility of a morger in which she would become the CEO of the combined frrs. d. A branch manager lays off expecienced futtime employees and staffs customer senice positions with part-time or temporary workers to lower employment cosis and raise this year's branch peoft. The manager's bonus is based on proftablity. 2. Tho front desk receptionist routinely takes an extra 20 minules of lunch tme to run personal errands. Which of the following statements correctly identifies the cost and possble solution for the apency problem in this case? (Choose all correct responsos.) A. The front desk receptionist is baing compensated for unproductive time. B. The company could install a time dock that would result in either (1) her returning ordsime or (2) reducing the cost to the firm. C. The management could bring the situation to the atention of the receptionist. The nxtra emphasis on meeting her dutes may be all that is reguired. D. The company should do nothing. Any attempt to solve the problem would likely create an unhappy employee and only make the situation worse. Identifying agency probleme, costs, and resolutions Expiain why each of the following shuasone is an agency probiem and what coss to the firm might resur from it. Suggest how the probiem might be dealt with short of tring the ind vidualis) involved, a. The front desk receptionist routinely takes an extra 20 minuins of lunch time to run personal eerangs. b. Division managers are padding coet estrmates so as to show shorf-torm effelency gains when the coots come in lower than the estimates. C. The firm's chief executive officer has had secret taks with a competitor about the possbility of a morger in which she would become the CEO of the combined frrs. d. A branch manager lays off expecienced futtime employees and staffs customer senice positions with part-time or temporary workers to lower employment cosis and raise this year's branch peoft. The manager's bonus is based on proftablity. 2. Tho front desk receptionist routinely takes an extra 20 minules of lunch tme to run personal errands. Which of the following statements correctly identifies the cost and possble solution for the apency problem in this case? (Choose all correct responsos.) A. The front desk receptionist is baing compensated for unproductive time. B. The company could install a time dock that would result in either (1) her returning ordsime or (2) reducing the cost to the firm. C. The management could bring the situation to the atention of the receptionist. The nxtra emphasis on meeting her dutes may be all that is reguired. D. The company should do nothing. Any attempt to solve the problem would likely create an unhappy employee and only make the situation worse Step by Step Solution
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