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ahaadah1eg Accounting profit � ameasures the difference between

1hagsdaeathe total revenue agenerated by athe organization and its


1hgasdaea1dstotal acost.

ahgaadse12. Acquisition (or takeover) � awhen one organization


1hgasde1 Agency costs � the costs resulting from managers
1aasedascosts of monitoring them to try to prevent this abuse.
hgaesdagaaa between the providers of capital, referred to as the principal,
1heasdaghaqgaa and those who employ that capital on their behalf, referred
agaesdah1as the agent (see principal�agent problem).
agasedah1gd
a1easdaaa4. aAsymmetry of information � exists when the agents
agesadah1g (managers) running a corporation have greater access
agaasdaeh1qagaa to information than the principal (shareholders) by
agasadeh1vgirtue of their position.

aeaasdgh1 aBalanced scorecard � provides managers with


ageasdahddsaasd qaaa a more comprehensive assessment of the state of
aehasdag1d gtheir organization. It enables managers to provide
aeagadshhsd qaa consistency between the aims of the organization and
1gaeadshaasd qaa the strategies undertaken to achieve those aims.
rhaaesdgas.

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