What advantages can be realized by using agents to represent one's interests?

What will be an ideal response?

Several advantages can be realized by using agents to represent one's interests. First, agents usually have more
expertise in the negotiation process. Second, agents may have more information than the principal about certain
areas of expertise. Third, agents have access to networks of people and may have special influence in some
situations. Fourth, agents can provide emotional detachment and tactical flexibility. Fifth, because an agent does not
have the authority to make or accept offers, a principal can control the offers made or accepted by proxy. Finally,
agents can provide a face-saving buffer for principals.

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Chad is satisfied at what level of Maslow's hierarchy of needs? A) esteem B) self-actualization C) safety D) physiological E) social

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When might high debt levels be a benefit to an organization?

A) When trying to make otherwise unaffordable investments B) When trying to prevent a leveraged buyout C) When determining earnings per share on common stock D) When calculating the current ratio to determine short-term solvency E) When the firm's short run credit risk is strong

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