<span>The "principal-agent problem" is when one person can make a decision on behalf of someone else that impacts the "principal". The agent works to favor the interests of the principal and receives incentives for doing so in return. The agent can get into a conflict of interest or make morally wrong decisions in favor of the principal they are helping. </span>
Answer:
the FICO score
Explanation:
The FICO Score helps the lenders to determine the how is the borrower likely to repay the loan. It is used to determine the creditworthiness and the lenders take a FICO score of the borrower into the account and also consider details like income and other things.
FICO Score helps the lenders make smarter as well as quicker decisions.
The Fair Isaac Corporation (FICO) the score to provide industry-standard for the scoring creditworthiness.
Answer:
-Deliver the data necessary for tactical decisions and planning
-Monitor and control the allocation and use of company resources and evaluate the performance of the various departments
-Provide a framework for defining and enforcing and ensuring the security and privacy of the data in the database
Explanation:
In <em>data management</em>, the implementation of a database always results in a change in both operations and management.
Regarding middle management, the new database has to provide information for the middle manager's tactic decisions (while the upper-level managers need it for strategic decisions).
Since they are always in charge or monitoring a particular department (HR, marketing, R&D...), they use the database to properly assess the company's resources and see how they can help with his/her subdepartments,
Answer:
The correct answer is E, Information Resources.
Explanation:
Factors of production include Labor, Capital, Entrepreneurs and physical resources. But in the recent years, information has become the vital resource for organizations. Correct information and knowledge about a specific thing is crucial to the organization. For example if a company wants to introduce its new product and specifies a target audience, if the company doesn't get the accurate information about the needs and demands of that specific target area, other factor of production won't be of any use. So this information resource has become a vital and important part of the factors of production.
How does inclusivity practised inclusivity in a private company.
