A$)$ What is the agency problem faced by large corporations? Give three examples of the agency

problem from corporations. $(5$ marks$)$

B$)$ Briefly describe three $(3)$ different measures that could minimize or resolve agency problems and

ensure cooperative and ethical behavior. Describe how each measure would be effective.

$(6$ marks$)$

C$)$ Explain why managers should use ethical decision making as a way to increase the profitability

of a firm. $(4$ marks$)$