Explain why the following situation is an agency problem and what costs to the firm might result from it. Sugtgest how the problem might be dealt with short of firing the individual involved.


The front desk receptionist routinely takes an extra 20 minutes of lunch to run personal errnds.

In other words suggest how we can answer YOUR homework for you.
Way to go.

Please refer to this announcement: https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html

Now curly you know this has to be a top management person who is preparing a report for the board of directors on the issue.

And management is smart. Assigning the problem to a lower man of the totem pole. Then all he has to do is approve or disaaprove. That guys got potential.

And he was smart enough to come here where we can solve all of the worlds problems in time for Supper.