Question: Internal agency problems occur when senior executives: A. delegate authority to general managers. B. decide to get involved in the day-to-day operations of a company.

Internal agency problems occur when senior executives:

A.

delegate authority to general managers.

B.

decide to get involved in the day-to-day operations of a company.

C.

possess more information about the company than the board does.

D.

design work tasks and incentives that minimize opportunism.

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