Asked by Gisele Mbange on May 30, 2024
Verified
What is meant by managerial prerogatives?
Managerial Prerogatives
The rights and discretion granted to managers to make decisions and act in the best interest of the organization within the bounds of their authority.
- Acquire knowledge on the issues posed by the principal-agent conflict in professional efficacy and learn methods to counteract these challenges.
Verified Answer
ZK
Zybrea KnightJun 03, 2024
Final Answer :
Many work agreements contain clauses outlining certain decisions that are reserved solely for management. These management prerogatives usually cover such matters as the size and location of plants, the products to be manufactured, the types of equipment and materials to be used in production, and production scheduling.
Learning Objectives
- Acquire knowledge on the issues posed by the principal-agent conflict in professional efficacy and learn methods to counteract these challenges.
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