Lack of Awareness of the Following Problem Results in Executives

question 15

Multiple Choice

Lack of awareness of the following problem results in executives not attributing enough value to the use of an environmental resource:

• A)Commons problem
• B)Ethics problem
• C)Value problem
• D)Risk-assessment problem
• E)Moral problem

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Definitions:

Annually Balanced Budget

A financial statement showing that projected government revenues equal expected expenditures on an annual basis.

Destabilize

To cause a system, situation, or environment to become unstable or out of balance.

Economy

The large set of interrelated production, consumption, and exchange activities that aid in determining how scarce resources are allocated.

Full-Employment

Full-employment refers to the level of employment rates where there is no cyclical or deficient-demand unemployment, essentially meaning that everyone who wants to work and is able to work can find employment at the current wage rates.