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Organizational behavior helps managers understand what motivates employees. With this information, managers can help employees work harder and meet their goals, which resolves some practical issues.
Opinions may vary. One challenge that faced managers is making the right decision to a tough problem given a limited time.
Risk management culture is one of the biggest challenges facing finance managers in the modern age. Also, data management seems to be a recurring problem.
Production managers are caught in the middle between management and staff. They have to wrestle with budgets and time schedules. they have the worst of all worlds, yet the sweetest satisfaction upon success.
By presenting well-organized, accurate information about a problem. APEX
pursuit of personal interests by managers and undercompesation
The agency problem arises when the interests of the principals (shareholders) of a corporation may not align with those of the agents (managers) running the company. Managers may prioritize their own interests over those of shareholders, potentially leading to agency costs such as managerial entrenchment or excessive executive compensation. Shareholders often rely on mechanisms like board oversight and incentive alignment to mitigate this agency problem and align the interests of both parties.
The agency problem is a result of the separation between the decision makers and the owners of the firm. As a result managers may make decisions that are not in line with the goal of maximization of shareholder wealth.
what is an agency problem
agency
agency problem affects the financial manager relationship with the company by means of trust. if we are going to study the principal-agent relationship (principals=shareholders ; agent=managers,CEO,BOD), the agent will stand for and on behalf of the principal with the accompany of trust and confidence by the principals, but when agency problem occur where the agents are planning to pursue some objectives that are attractive to them while not beneficial for the principal the gap between the shareholders and the management team were created...
With what? You? Let's just leave it at that...
Finance managers problem
The problem of agency theory are pricniple and agent.
Possibly a personality clash, managers should be focusing on needs and not who won the last 'contest'. In addition managers clash when they are unable to identify the problem, what is the cause of the problem. It could be a manager from another department, for example. Managers are unable to discuss the range of suggestions that may solve the difficulties and thus unable to reach an amicable solution. In fact, some managers causing conflict may need to be excluded. All managers should have skill, knowledge and the best interests of the organisation in the forefronts of their minds. This can also suggest that conflict management, when under control, can be a necessesity
air force civil engineer support agency
its a good agency the only problem is you have to pay 800 dollars