Examlex
The concept that every person gets the same share of rewards regardless of effort describes which norm?
Monitoring
The process of systematically observing, checking, and recording activities or data to ensure standards are met or progress is being made.
Moral Hazard
The situation where one party is more likely to take risks because they do not bear the full consequences of their actions.
Shirking
Avoiding or neglecting duties, responsibilities, or work, often covertly, to reduce personal effort while still receiving compensations or benefits.
Working Diligently
Refers to the act of putting consistent and earnest effort into one's tasks or duties.
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