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ahaah1eg Accounting profit � ameasures the difference between

1hagaeathe total revenue agenerated by athe organization and its


1hgaaea1dstotal acost.

ahgaae12. Acquisition (or takeover) � awhen one organization


1hgae1 Agency costs � the costs resulting from managers
1aaeascosts of monitoring them to try to prevent this abuse.
hgaeagaaa between the providers of capital, referred to as the principal,
1heaaghaqgaa and those who employ that capital on their behalf, referred
agaeah1as the agent (see principal�agent problem).
agaeah1gd
a1eaaaa4. aAsymmetry of information � exists when the agents
ageaah1g (managers) running a corporation have greater access
agaaaeh1qagaa to information than the principal (shareholders) by
agaaeh1vgirtue of their position.

aeaagh1 aBalanced scorecard � provides managers with


ageaahddsaasd qaaa a more comprehensive assessment of the state of
aehaag1d gtheir organization. It enables managers to provide
aeagahhsd qaa consistency between the aims of the organization and
1gaeahaasd qaa the strategies undertaken to achieve those aims.
rhaaegas.

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