You are on page 1of 1

ahah1eg Accounting profit � ameasures the difference between

1hgaeathe total revenue agenerated by athe organization and its


1hgaea1dstotal acost.

ahgae12. Acquisition (or takeover) � awhen one organization


1hge1 Agency costs � the costs resulting from managers
1aeascosts of monitoring them to try to prevent this abuse.
hgeagaaa between the providers of capital, referred to as the principal,
1heaghaqgaa and those who employ that capital on their behalf, referred
ageah1as the agent (see principal�agent problem).
ageah1gd
a1eaaa4. aAsymmetry of information � exists when the agents
ageah1g (managers) running a corporation have greater access
agaeh1qagaa to information than the principal (shareholders) by
agaeh1vgirtue of their position.

aeagh1 aBalanced scorecard � provides managers with


ageahddsaasd qaaa a more comprehensive assessment of the state of
aehag1d gtheir organization. It enables managers to provide
aegahhsd qaa consistency between the aims of the organization and
1geahaasd qaa the strategies undertaken to achieve those aims.
rhaegas.

You might also like