the company is de beers Describe the company's principal-agent problem;
- Is your company of choice a perfect competition model? If yes, describe it. If not, explain how it differs;
No, De beers is not a perfect competition model because they work as a monopoly, they owned a resources that was exclusive to them and that alowed them to have a monopoly over the wole diamond market in the world, even after they lost the monopoly, there are only a few companies in the world that can competete with De Beers. for a perfect market competition the market should have many firms and none of the firm should have compelete control over it.
the company is de beers Describe the company's principal-agent problem; - Is your company of choice...
Thw company i want ro use is American Express ans please provide references - Describe the value chain of the company's main products/or services - Analyze the extent to which the company is vertically integrated - Analyze the extent to which the company is horizontally integrated - Describe the company's principal-agent problem: - Is your company of choice a perfect competition model? If yes, describe it. If not, explain how it differs; Describe the types of costs involved in production...
Explain principal-agent problem. Select a company with operations in Hong Kong, identify and explain TWO possible principal-agent problems at two different organizational levels that it could encounter with examples. Explain how the company could be adversely affected by the two identified principal-agent problems. Suggest and explain TWO possible solutions for each of the identified problems. (20 marks) (The expected length of each question is around 350-450 words.)
What is the principal-agent problem? How does it relate to X-inefficiency? Why is X-inefficiency more likely to occur in oligopoly and pure monopoly than in pure competition and monopolistic competition? Do you think X-inefficiency is a growing problem in the economy? Explain your reasoning.
Which of the following is NOT a solution to the manager-worker principal-agent problem? Multiple Choice Sales sharing O Piece rates O Fixed hourly wages O Spot checks
DESCRIBE THE NATURE OF THE PRINCIPAL-AGENT RELATIONSHIP BETWEEN THE OWNERS AND MANAGERS OF A CORPORATION, AND EXPLAIN HOW VARIOUS CORPORATE GOVERNANCE MECHANISM ATTEMPT TO MANAGE AGENCY PROBLEMS
(C) By giving an example of a company of your choice, identify and describe various methods (preventive and corrective) that the company uses to maintain control and explain why those controls are essential function in linking to company's performances.
What do you understand by the principal-agent problem in Corporations? What is the role of the Board of Directors concerning this problem? Take an example of a publicly listed company and comment on their board composition- How many Directors? % of independent directors? Do you think they are diverse? Do you think they are active? (business law)
Problem #4 Assume that the principal is risk-neutral and cares only for the expected value of his company's revenue, while the agent is both risk- and 'work-averse. The agent's utility function depending on income and effort devoted to work is given bt the following function: U(w,e) e, where w is the non-negative wage and e is effort. For simplicity assume that only two levels of effort are possible: e 0 (low) and e 1 (high). The agent has the possibility...
Identify a health problem of your choice and describe how you will use a social science theory to address the health problem.
In a thoughtful paragraph or two, identify and explain the following: What company is your perfect company and why? Approach this question from the measure of their "connectedness" with their customer Identify your perfect company's 'marketing mix' from the lens of the 4 P's (plus positioning) Lastly, does your company fit the model of the 'sales approach' or the 'marketing approach' - explain.