good governance Q2

What is this key feature of good governance in which people who are in position should be answerable with the consequences of their actions?

There is a need to involve everyone in the organization in the decision making process.

The relationship between the principal and the agent.

________ is a key feature of good governance in which public services, policies, and corporate decisions should be designed to address problems efficiently.

Resources (money, time, manpower) should be used wisely to achieve the best results.
Organizations should avoid waste, corruption, and unnecessary delays,

Before making a municipality a city, there must be a referendum to ask the people of their perspectives.

It is also known as dispute or misunderstanding tin the organization.

Principal: shareholder; ______:executives

Strong legal systems ensure justice is fair and corruption is minimized. Irrespective of who you are, you need to an abiding citizen.

 

 The agent often has more knowledge than the principal about how policies are implemented, creating a gap that can lead to inefficiencies or corruption.