The shareholders of weil’s markets would benefit if the firm were to be acquired by better foods. however, weil’s board of directors rejects the acquisition offer. this is an example of:

Agency conflict

Explanation:

According to my research on different organization structures, I can say that based on the information provided within the question this is an example of an Agency conflict. This is when one person or entity has the ability or power to make a decision or take action on behalf of the whole organization. This is what is going in this situation, even though the shareholders want to accept the offer the board of directors has all the power and decide to reject the offer.

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