100+ Formal control systems PowerPoint (PPT) Presentations, Formal control systems PPTs

Formal control systems - PowerPoint PPT Presentation

What Is Control?

What Is Control?. Control The process of monitoring (supervising) activities to ensure that they are being accomplished as planned and of correcting any significant (important) deviations (differences) . The Purpose of Control

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684 views • 56 slides

Self-Interests & The Agency Problem

Self-Interests & The Agency Problem. RECAP: What Do We Know So Far?. Human nature, in general, can be best described by the REMM model: We are resourceful, evaluative, and seek to enjoy the highest level of value possible (I.e., we are utilitiy maximizers) (Jensen and Meckling, 1994)

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301 views • 13 slides

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Formal control systems - PowerPoint PPT Presentation

What Is Control?

Self-Interests &amp; The Agency Problem

Self-Interests & The Agency Problem