Examlex
To ensure employees are gaining the appropriate mix of experience to prepare employees for future responsibilities,many corporations move people from one job to another utilizing the technique of
Healthy People
Individuals or populations that possess a state of complete physical, mental, and social well-being, not merely the absence of disease or infirmity.
Lemons Problem
A term in economics used to describe the issue of quality uncertainty in a market where sellers have more information about the product quality than buyers, leading to adverse selection.
Adverse Selection
A situation where asymmetric information leads to the selection of undesirable risks by one party in a transaction, often seen in insurance and financial markets.
Moral Hazard
When a party whose actions are unobserved can affect the probability or magnitude of a payment associated with an event.
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