In most models of managerial conflict,the owner is the ______ and the manager is the ______.
A)wage earner; stockholder
B)employee; director
C)principal; agent
D)resource; resource owner

Question

Quizplus · Accepted Answer

In most models of managerial conflict, the owner represents the principal who has entrusted the manager as an agent to work on their behalf. This creates a principal-agent relationship wherein the manager is expected to act in the best interest of the owner, but there may be inherent conflicts of interest between the two parties. The other options listed (A, B, and D) do not accurately capture the dynamics of the owner-manager relationship in a business setting.

In Most Models of Managerial Conflict,the Owner Is the ______