Explain in you own words what is the principal-agent theory

Explain in you own words what is the principal-agent theory

Q1. .How could you approach a task to create = stakeholder’s management plan?

Q2. Why is it so difficult to build self-organising agile teams?

Q3. Explain in you own words what is the principal-agent theory (or in other words, Agency theory). What examples of this theory can be met when managing projects?
Q4. .How to understand the concept of Total cost of quality? How managers can benefit from it in relation to project management?

Q5. Choose one application as your point of reference (Facebook, Uber, Spotify or Revolut). Please create 5 different user stories for the app of your choice.

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