Agency Cost

10/04/2012 ACCT 6003 government agency hail article Re: hypertext carry-forward protocol://www. stockweek.com/articles/2012-07-16/how-employees-abuse-their-corporate-cellphone-accounts I believe this article makes an excellent pillowcase of mental representation appeals. The study shows that many large companies stupefy substantial cost as they find it a requisite for their employees to stay committed via cell phone. Obviously the sh beholders (principals) can non be in charge of any aspect of daily activities and desire on employees (agents) to conduct descent on this level. This article pinpoints expenses cogitate to the use of the cell phones by the employees and their abuse, whether intentional or unintentional. Agency cost can be loosely defined as expenses incurred by agents that ar non directly aligned with the business principles of the lodge. Connectivity and information sharing has retentive been proven to be of arrive at to most companies. Ring tones and pension text services, however, are not likely to benefit the company except in the rarest of instances.

Although these expenditures are of a small step, they deliver a good grammatical case of agency costs. However, these costs are greater than the dollar amount in the article. The article mentions grownup sites, ringtones and overages that could easily result in lost productivity period on the payroll. Obviously compensable an employee overtime to surf SexyCougar and MobileLove is not how shareholders expect their investment dollars to be used. However, before any nonindulgent measures could be taken, opportunity costs would have to be weighed. Restrictions on th! e phones could limit productivity to a point that would outweigh the cost of paying the current costs.If you involve to get a unspoiled essay, order it on our website: BestEssayCheap.com

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