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Describe the agency relationship involved in your business

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Reference no: EM133155420

Question - Suppose that your start your own small retail business. As business increases, you expand the hours and hire someone to manage the business during the evening hours.

a) Describe the agency relationship involved in your business?

b) What possible problems can arise in this relationship?

c) How can you reduce the costs associated with this agency relationship?

Reference no: EM133155420

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