Question: When one person gives decision - making power to another in a business relationship, challenges can arise as the person given power may behave unethically,

When one person gives decision

-

making power to another in a business relationship, challenges can arise as the person given power may behave unethically, or simply may not act in the best interest of the one that gave the power. This scenario reflects

1)

Personal ethics

Code of ethics

External stakeholders

Agency theory

When one person gives decision-making power to another in a business

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