Asked by Angel Bostic on Sep 24, 2024

verifed

Verified

​The ways to address agency costs include all EXCEPT

A) ​running background checks on prospective employees
B) hiring only from job fairs
C) spot checks of the quality of employee work
D) ​replacing closed offices with cubical office spaces

Agency Costs

The expenses related to resolving conflicts of interests between stakeholders and management in a corporation.

Background Checks

The process of verifying the history of an individual, typically used by employers to ensure the reliability and safety of potential employees.

Job Fairs

Events that bring together employers and job seekers, allowing companies to showcase opportunities and candidates to network.

  • Determine methods for reducing the costs associated with agency conflicts.
verifed

Verified Answer

ME
Marcie Esparza1 day ago
Final Answer :
B
Explanation :
Job fairs may not always be the best source of qualified and competent employees, and therefore hiring only from job fairs may not necessarily address agency costs. A, C, and D can all be effective ways to address agency costs by ensuring that employees are reliable, competent, and efficient in carrying out their duties. Running background checks helps to ensure that employees have a positive track record and no history of fraudulent or dishonest conduct, while spot checks help to identify any quality or performance issues that may arise. Replacing closed offices with cubicle office spaces can promote transparency, communication, and accountability, as well as reduce opportunities for employees to engage in unethical or unproductive behavior.