Test Post!

I am excited about creating my first post, and I can't wait to learn so much in the next 15 weeks!

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Connecting the dots of previous posts

I was reading through my posts, and the different concepts that stuck out to me were transaction costs, team work, opportunism. I can see the pattern of working together with a team in most of them, and how organizational structure influences it. For example, the prompt about organization structure, and what makes a team successful is similar because they both helped me analyze my past experiences working with others. Although I did not give the same examples while writing the blog posts, it definitely helped me reflect on how organizational structure impacts the outcome of a successful team. In fact, reading chapter 5 of B&D has helped me easily identify that one of the factor that determines the success of a team structure is the number of people in the team, and how information is being passed and processed. Specifically, looking back at my post about organizational structure, I can spot some things I did not consider at first while writing the post. The organizational structu...
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Triangle Principal Agent Model

From observation, I can confidently conclude that the triangle principal agent often causes a dilemma. The service provider is usually the agent in a principal-agent relationship. It is the expectation of the agent to conform to what the principal wants, and most times the principal delegate's authority to the agent to perform some service on its behalf. My example of the triangle approach is from witnessing others experience it. Like I have mentioned in a couple of my previous posts, I was a student ambassador at my previous school where I worked closely with the admission team to ensure that student registration went smoothly. In a school setting or even in the corporate world, there are almost always two principals. The first principle is from the executive level who makes most of the decisions on how the school or company should operate, and the second principal is the customers or clients who are getting the services. The agent is the service provider that interacts wit...
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