A Company Scientist at a Biotechnology Company Decides to Work

question 53

Multiple Choice

A company scientist at a biotechnology company decides to work on his own research project, hoping to eventually start his own firm, rather than on the project he was assigned. However, the company's stockholders are unaware of this situation. This is an example of a(n) ________ in the context of a principal-agent problem.

• A) adverse selection
• B) stakeholder strategy
• C) moral hazard
• D) shared value creation

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Definitions:

Unconscious Mind

A part of the mind that is not within the individual's awareness which influences thoughts, feelings, and actions.

Collective Unconscious

The collective unconscious, a concept from analytical psychology, refers to structures of the unconscious mind shared among beings of the same species, encompassing universal experiences and symbols.

Projection

A defense mechanism in which individuals attribute their own unacceptable thoughts, feelings, or motives to another person.

Collective Unconscious

A concept in Jungian psychology referring to the part of the unconscious mind that is derived from ancestral memory and experience, common to all humankind.