A potential problem arises in the principal-agent relationship     because the agents and principals have different goals     because the agents and principals have identical goals     because the agents and principals goals are irrelevant     all of the above

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Goal Setting

Goal setting is the first and most essential activity in a business organization. Without goals, an organization will wander with no focus or direction. A goal provides a target to aim for and helps to measure progress. There are different types of goals in business—short-term, long-term, operational, and strategic goals.