What Does the Concept of the Tragedy of the Commons

question 40

Multiple Choice

What does the concept of the Tragedy of the Commons imply?

• A) Free riding is fine as long as it benefits everyone.
• B) Communism in the long run has a tendency to destroy personal liberty.
• C) Unregulated pursuit of self-interest does not produce long-term common benefit.
• D) Governments must pay more attention to social and economic issues.

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Definitions:

Measure HRM Programs

The evaluation of human resource management initiatives and policies to determine their effectiveness and alignment with organizational objectives.

Society For Human Resource Management

A professional association that provides resources, global best practices, and a network for human resource professionals.

Efficiency

The ability to achieve maximum productivity with minimum wasted effort or expense.

HR Practices

The methods and strategies implemented by the human resources department to manage and develop the workforce, including recruitment, training, performance management, and employee relations.