Principal-agent problem

and demand of a good. In the body of the essay below, I will examine price elasticity, principle agent problem, and whether the nature of my local market is monopolistically competitive, oligopolistic, or a…

Agency or principal-agent problem arises because:  Different interest and principal-agent  Unequal or asymmetric information Principal-agent problem occurs in a number of different business relationships, but is a common problem in large joint-stock companies, because of the separation of ownership from control. Owner-managers to engage shareholders in their name make decisions and manage the company. The owners-shareholders are the principals and managers are agents. Managers are better…

The Pearl of Great Price is an ideal place to learn about agency because it shows us the story of our first brothers and sisters to practice using agency in the flesh, through Adam and Eve’s experience falling from the presence of God and exercising their agency outside the Garden of Eden. Additionally, we learn about how we had agency even before we came to Earth and received our bodies through the knowledge we can gain about our preearth life, and our specific choice to follow our…

book by Jenn David-Lang in The Main Idea, were the four wrong policy drivers. I agree with Fullan in that a principal needs to possess the ability to motivate their staff. However, in chapter 2, Michael Fullan points out “four wrong policy drivers” (Jenn David-Lang, 2014) that will cripple a principal in their critical skill of motivation. The four wrong policies include…

Principal vs. Superintendent Principals and Superintendents are both administrative professionals within a school district setting. Both administrators are leaders and work closely together to assure the district mission and vision is being met. Superintendents and principals work together to write, review, and enforce policies and procedures throughout the district. Although both administrators work closely together, their roles within the district differ tremendously. The superintendent…

In regard to Case 1, the principal need to start using different approaches and exhibiting better ownership and accountability and not simply allocating tasks to his assistant principals and avoiding disciplinary roles but through his direct leadership. However, to improve the school’s academic and student behavioral reputation, hiring parental liaison is necessary. Because, according to Sanders, M. G. (2008) which suggested the use liaison provides direct services to families at risk, deliver…

The art of persuasion is in high demand in an age where advertising supports entire categories of the economy. If you have the skill of persuasion you can use it to grow your business, gain influence and succeed professionally. There are 6 main principals of persuasion: Reciprocity, Scarcity, Authority, Commitment, Consensus, and Liking. I will tell you a little bit about each of these principals in the following paragraphs and give you an example of a situation is which I was tasked with…

honesty and fairness defines ethical behavior. In the educational field, the usual issues faced include: academic dishonesty, disobedience, parents But, the leading problem is bullying Bullying continuously affects children socially, mentally and physically. Long term effects show permanent turmoil and incomplete emotions of the victims. When Yale University conducted a public survey on bully victims, they concluded that they “ are between 2 to 9 times more likely to consider suicide than…

There is an evaluation process the principals are taken through during the year to confirm that they are following policies and administrative procedures correctly. There is training provided for all administrators to continually learn and improve in their leadership role. The principals are held accountable to make sure they are following the negotiated master contract as well. There are requirements listed in this document such as scheduling of instructional minutes, the number of minutes…

The Problem of Moral Agency in Hamlet In order to be a moral agent, a person has to have a good sense of self, they have to know exactly who they are and how they must act according to the decisions they make. In Hamlet, the moral task at hand is revenge for the murder of Hamlet the elder. The murdered King's son, also of the same name, must be the one to avenge the murder. Before Prince Hamlet finds out the true story behind his father's death, he has his mother's…