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For this week’s blog post, I would like to review some of the opinions and critiques I have about the course. First of all, there were many new topics for me in terms of organizations. Among all, transaction cost, which was one of the first few topics introduced left a deep impression on me. It is not my first time learning the concept, but I was able to understand the true meaning and how it applies to nearly every task that I complete, which was nice. I also liked the discussion of incentives and punishment in work setting a lot, such as how incentives can drive an employee to work more efficiently and how punishment can discourage employees and hinder the particular employee’s growth. I was also impressed how much Professor Arvan put into the course. Professor Arvan offered me an office hour via phone over the weekend and I see how much work is needed to put together the excel assignments. I also believe having soft deadlines can be time consuming as it require
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Principal Agent Model

Just like a lot of other classmates’ blog posts, I do not think I had a situation like this in my life where I had to be in the triangle situation with two principals. However, I have a friend who is four years older than me and she told me about what makes her feel drastic about her work that I believe fits well into a triangle principals-agent model. My friend works as the journalist of a top news channel in Taiwan. After graduating from college, she accepted the offer as it was what she was passionate in and was a decent paying job. She wanted to deliver the news on camera of the matters that needed people’s attention to, so that through her, those in need can be helped. Every morning, her team had an internal meeting on the topics that each journalist will do research on and also on the topics that will be broadcasted that evening. Then the manager of the team would have a meeting with the department head with all other managers in the company. I learned f
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Conflict

First of all, I am sorry for this late post. I am in the midst of application season and totally missed the deadline for this assignment.  Living in an absolutely zero conflict may be awesome. Complete peacefulness is what I have always acquired, hoping not to see any turbulence that disturb my life. Fortunately, through my parents I have developed a skill as to how to politely address my point of view while objecting another person’s and how to gain respect others in schools and in social settings. I was definitely not liked by everyone, but I am certain that not that many people hated me at the same time, or at least they did not care, which is something I am thankful for. I have always been the type of person who cares a lot about how others think about me, so I always do act accordingly and try to read the atmosphere of the room. I am also confident that I do not usually offend others with my words or actions both consciously and unconsciously. I still hav
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