Define each of the following terms in your own, Business Management

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Define each of the following terms in your own

Define each of the following terms IN YOUR OWN WORDS:

a. Agent; principal; agency relationship
b. Agency cost
c. Basic types of agency conflicts
d. Managerial entrenchment; no pecuniary benefits
e. Greenmail; poison pills; restricted voting rights
f. Stock option; ESOP

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