If individuals and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits,

Question

Anna71 [15]

2 years ago

14

If individuals and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits,

they are more likely to engage in irresponsible and even unethical behavior. this situation is known as a(n) ________.

Business

1 answer:

tresset_1 [31] · Answer 1 · 2022-07-21T07:31:49+03:00

The answer to this question is "Moral Hazard". Hence I<span>f an individual and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits, they are more likely to engage in irresponsible and even unethical behavior. this situation is known as a MORAL HAZARD. This is a belief of a company that they can pursue rewards without facing a problem or any issue.</span>