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UESTION ONE CASE STUDY Manco International Corporation is a multnational conglomerate with a strong global presence in over 30 countries. The company operates across various key business segments, including manufacturing, technology, fnance, energy, and healthcare. With its diversified revenue streams and extensive network of subsdiaries, joint ventures, and partnerships, Manco International Corporation has established itsef as a prominent player in the global market. In the manufacturing sector, Manco Internationa Corporation is nvoved in the production of a wide range of products. The company's manufacturing divsion encompassesindustries such as automotive, consumer goods, industral equpment, and aerospace. Through its state-of-the-art faclities and advanced technologies, Manco Internationa Corporation ensures high-quality producton and efficent supply chain management. In the technoogy sector, Manco International Corporation is at the forefront of innovation. The company invests heaviy in research and development to develop cutting-edge technologies and solutions. Manco International Corporation's technology division focuses on areas such as software development, hardware manufacturing, telecommunications, and informaton technology services. By staying ahead of technological advancements, the company remains competitive n the ever-evolving tech industry. The finance segment of Manco International Corporaton plays a crucia role in providing fnancial services to individuals and businesses worldwide. The company offers a comprehensive range of financial products and services, including banking, insurance, investment management, and asset financing. With its globa network of fnancial institutions and expertise n risk management, Manco International Corporation caters to the dverse needs of its clents across different markets. In the energy sector, Manco Internationa Corporation s actvely involved in various aspects of the industry. The company engages in exporation and production activties for ol and gas reserves. Additionaly, Manco International Corporation invests in renewable energy sources such as solar power, wind energy, and

hydroelectric power. By diversifying ts energy portfolio, the company contributes to sustainable development while ensurng a stable supply of energy resources. The healthcare segment of Manco International Corporation focuses on improving global healthcare outcomes through innovative soutions. The company invests in pharmaceutical research and development, medical devices, and healthcare servces. Manco Internationa Corporation's healthcare dvision aims to enhance patient care,improve access to heathcare services, and advance medcal technologes to address the evolving needs of the globa population. Manco International Corporation's extensive international footprnt allows for significant market access and a diversified customer base. The company's subsidiaries, joint ventures, and partnerships enable t to establish strong local presence n different countries, leveraging regional expertise and market knowledge. This global network also facilitates efficient distribution channels, enabling Manco International Corporation to reach customers worldwide. The company's global presence and dversified operations contrbute to its success in varous industries. Through its commitment to innovaton, quaity, and customer satisfacton, Manco Internationa Corporation remains a prominent payer n the globa market. REQUIRED: i.Define the concept of agency problems within a corporate context. (1 mark) ii.Usng specific exampes from Manco Internationa Corporation, identfy anddescribe any agency problems that may arise because of its involvement on the gobal market. (5 marks) iii. Discuss how these problems can affect the interests of shareholders and other stakeholders(4 marks) iv.Propose and explain at least three strategic solutions that Manco International Corporation can implement to mitigate or resove the agency probems identified in Part (ii) (6 marks) v.Discuss the role of corporate governance in addressing agency problems within Manco International Corporation(4 marks)