How can management eliminate or reduce this agency cost

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Reference no: EM13280103

Employees at the Jackson Hole Corporation typically take 45 minutes for lunch when the allocated time is only 30 minutes. Employees are encouraged to eat at the company cafeteria located in the middle of the company facilities. Most employees choose to eat their lunch in the cafeteria. Is there an agency cost here and if so, how can management eliminate or reduce this agency cost?

Reference no: EM13280103

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