The first modern industry to develop and use large quantities of financial statistics to assess and monitor organizational performance was:

A) steel companies.
B) lumber companies.
C) the railroads.
D) automobile companies.

C

Business

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An agency relationship

A. Must be in writing if it is to be legally enforceable. B. Creates a fiduciary duty on the principal's part. C. Can be created by estoppel, i.e., implied as a matter of law. D. Is normally delegable as a matter of law.

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