The conflict between goals of venture\'s owners and the goals of it\'s non-owner
ID: 2732983 • Letter: T
Question
The conflict between goals of venture's owners and the goals of it's non-owner managers is known as: A) incompatibility. B) the agency problem. C) of little importance in entrepreneurial venture. D) readily transferable ownership. Please choose correct answer The conflict between goals of venture's owners and the goals of it's non-owner managers is known as: A) incompatibility. B) the agency problem. C) of little importance in entrepreneurial venture. D) readily transferable ownership. Please choose correct answer A) incompatibility. B) the agency problem. C) of little importance in entrepreneurial venture. D) readily transferable ownership. Please choose correct answerExplanation / Answer
Answer: B) the agency problem.
Because the agency problem refers to a conflict of interest between a company's management and the company's stockholders.