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

---

Definitions:

Equity Theory

A concept in social psychology that posits individuals assess their relationships by analyzing the balance between their inputs (such as effort, time, money) and the outcomes (rewards, recognition) they receive, compared to others.

Tragedy of the Commons

Describes a situation where individual users, acting independently according to their own self-interest, deplete or spoil shared resources, leading to long-term consequences for the whole group.

Commons Dilemma

A situation where individual users of a shared resource act independently according to their own self-interest and deplete or spoil the resource through their collective action.

Pro-environment Behavior

Actions taken by an individual or group aimed at protecting or improving the natural environment.