Gain Full Knowledge on Management Topics with Agency Theory Assignment Help
Agency theory is not that tough to understand. Taking the matter conceptually will help to summarize the matter. Agency theory homework help will explain this topic in the best possible way. This theory is all about the ways to organize work i.e. one part decides the work while the other group executes it. In this relationship the one who decides work is considered as aprincipal who hires agents for the work to be done.
But there are some problems regarding this practice which Agency theory assignment help never forgets to tell, are:
- When there is a difference in their goals of the agent and the principal.The problem becomes more complicated when the principal is unable to detect the exact problem happening with the agency.
- Another problem which arises is when the principal and the agent carry distant views about risk.
There are certain things more which Agency theory homework help wants students to learn. Such terms like agency-loss. Agency-loss is a common term used for the consequences of the agents work. When an agent works against the principals interest, then agency-loss increases. And when the opposite occurs, i.e., when the companies and the directorsaim for the same then agency-loss reduces.
There are some measures to reduce agency-loss.
Some of them are:
Before choosing the principal must make sure that the agent they are hiring for the work to be done must desire to achieve the same goal
The agent must carry a brief knowledge on the consequences of the agent’s activities. Like if the effects are severe then the principal has to find a way to get up from such situation. Agency theory assignment help has by now made things very easy for students to understand. Now students can reach us to remove their doubts at our 24*7 online support service. We explain students of any degree and never compromise on quality. To learn more about this topic or another topic on management only click on to myhomeworkhelp.com.
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