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In light of the principles we have studied thus far, considering how business risks, performance...

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Accounting

In light of the principles we have studied thus far, considering how business risks, performance and decision-making are or may be affected by employment relationships, discuss how employment of agents, employees, and employee relationships, generally, affect business risks. What steps should be taken in the hiring, performance evaluation, and discharge of employees to minimize associated business risks? How would you suggest those steps be implemented?

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