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Author Question: Because of the principal-agent problem involved in the employment relationship between workers and employers: (Read 86 times)

amal

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Question 1

The Japanese model of industrial production involves all EXCEPT one of the following; which one?
◦ Just-in-time methods
◦ Large stock holding to guarantee supplies in the event of demand fluctuations
◦ Flexible use of labour
◦ Total quality management

Question 2

Because of the principal-agent problem involved in the employment relationship between workers and employers:
◦ Employers may pay lower wages.
◦ Workers may join trade unions.
◦ Workers may work longer hours.
◦ Employers may link pay more closely with workers' output.


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Marked as best answer by amal on May 25, 2020

kingfahad97

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amal

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Reply 2 on: May 25, 2020
Excellent


bigcheese9

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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