Here are two discussion questions, answers on each of them should be about 200-250 words.
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Hill et al., (2020) iterated that agency theory is concerned with the problems that arise in business relationships when one person delegates decision-making authority to another. "It offers a way of understanding why managers do not always act in the best interest of stakeholders and why they might sometimes behave unethically, and, perhaps, also illegally" (p. 361). Discuss some ways in which the negative issues with agency might be mitigated.
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Hill et al., (2020) iterated that an organization that generates excess cash flow can take advantage of it only if managers are able to identify new opportunities and act on them to create new revenue streams. How can a manager engage their subordinates to facilitate creative idea sharing? Perhaps, discuss a personal situation you have experienced where this type of sharing was encouraged or discouraged.
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