Upon completion of this assignment, you should be able to:

Discuss how agency conflict can improve an organizations forecasting.

Resources

Read: Chapter 13 in your textbook.

Assignment Instructions

Consider your current organization or an organization with which you are familiar. In a 150-200 word initial discussion post share with your instructor and other class members answers to the following:

Explain a scenario (hypothetical or real) of how the agent/principal conflict could happen within the business.

Explain a scenario (hypothetical or real) of how the agent/creditor conflict could happen within the business.

Discuss how these scenarios could be handled to minimize the agency conflict and how systems could be used to prevent these types of situations from happening in the future.