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ahaadfah1eg Accounting profit � ameasures the difference between

1hagsfdaeathe total revenue agenerated by athe organization and its


1hgasfdaea1dstotal acost.

ahgaafdse12. Acquisition (or takeover) � awhen one organization


1hgasfde1 Agency costs � the costs resulting from managers
1aasefdascosts of monitoring them to try to prevent this abuse.
hgaesfdagaaa between the providers of capital, referred to as the principal,
1heasfdaghaqgaa and those who employ that capital on their behalf, referred
agaesfdah1as the agent (see principal�agent problem).
agasefdah1gd
a1easfdaaa4. aAsymmetry of information � exists when the agents
agesafdah1g (managers) running a corporation have greater access
agaasfdaeh1qagaa to information than the principal (shareholders) by
agasafdeh1vgirtue of their position.

aeaasfdgh1 aBalanced scorecard � provides managers with


ageasfdahddsaasd qaaa a more comprehensive assessment of the state of
aehasfdag1d gtheir organization. It enables managers to provide
aeagafdshhsd qaa consistency between the aims of the organization and
1gaeafdshaasd qaa the strategies undertaken to achieve those aims.
rhaaefsdgas.

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