Banks Face the Problem of ________ in Loan Markets Because

question 18

Multiple Choice

Banks face the problem of ________ in loan markets because bad credit risks are the ones most likely to seek bank loans.

• A)adverse selection
• B)moral hazard
• C)moral suasion
• D)intentional fraud

Understand the role and effectiveness of managers as teachers within the department's educational activities.

Acknowledge the external requirements and benefits of ongoing staff education and new-employee orientations.

Understand the methods and importance of assessing training needs through performance observation.

Grasp the opportunity and methods for cross-training employees within a department.

---

Definitions:

Efficiency

The ability to achieve maximum productivity with minimum wasted effort or expense, often a key goal in business operations and economic theory.

Equity

The concept of fairness or justice in the way people are treated, or the value of shares owned in a company.

Voice

In the context of labor relations, voice refers to the ability of workers to express their opinions, grievances, or suggestions, typically through a union or other representative body.

Human Resource Management

The strategic approach to managing people in an organization, focusing on policies and systems to maximize employee performance and achieve organizational goals.