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Author Question: Because of the principal-agent problem involved in the employment relationship between workers and employers: (Read 54 times)

amal

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on: May 25, 2020

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.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by amal on May 25, 2020

kingfahad97

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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amal

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

TheDev123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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