1. To economists, the hierarchical structure of an organization implies

A) corporate governance

B) .the social contract.

C) the principal-agent problem.

D) none of the above.

In the Soviet Command system

A) There was a distinction between those who gave the orders ("administrators") and those responsible for fulfilling them ("economic managers").

B) Administrators knew they could not trust economic managers, and economic managers resented the intrusions and interventions from uninformed administrators.

C) Administrators established "Petty tutelage" - the constant interventions in the affairs of enterprises by superiors - to keep control of the management

D) .All of the above.

E) Only a. and c. are true.