The agency theory examines the relationship between the:
- <u>Owners of the firm and the managers of the firm</u>.
<h3>
Relationship between
owner and
manager</h3>
In the most of firms, especially if it is private, the owner and the manager is the same person, but is important to have a different person in these positions because the manager is the person who operates the company to satisfy the needs of all the shareholders, no just his own goals like the case when is the same owner.
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Answer:
True
Explanation:
The reason is that the vast knowledge is not useful for people if you cannot sum up in lesser time. I remember that Albert Einstein said that the concept is the thing which you deliver in very simple words that helps people in understanding what actually the person is talking about. So you must be capable to deliver in the time that you are allotted.
Answer:
An increase in customer demand uncertainty, all else equal, will result in greater lead time demand uncertainty.
Explanation:
Individuals who believe that their qualities are carved in stone and cannot change have a fixed mindset.
<h3>What is fixed mindset?</h3>
A proper outlook is exceptionally impervious to change and is a self-propagating issue that can keep individuals away from accomplishing their maximum capacity in all everyday issues. A decent outlook keeps people from creating abilities, information, and capacities to the degree they are able to do. A decent mentality expects that knowledge and abilities are generally set. Individuals with a decent outlook unequivocally accept that 'you either have the stuff to succeed or don't'. They viewability as an inborn quality, something they're brought into the world with and that can't be grown further.
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Answer: Latent function
Explanation:
Latent function of school or education system is defined as the process in which school children and adults tend to interact and communicate with each other,following regulation ,going to institute and school etc are performed without the instruction and control of anyone .These functions are usually unintentional .
According to the question, public schools that provide the benefit or offer for building relationship,interaction of children with their mates etc are latent function of those public school.
