Moral Hazard Means That as the Number of Employees a Firm

question 39

True/False

Moral hazard means that as the number of employees a firm needs increases, it becomes increasingly difficult for it to find the right employees, place them in appropriate positions, and provide adequate supervision.

---

Definitions:

Anglo-French Rivalry

A series of military, colonial, and economic conflicts between Britain and France that spanned several centuries, impacting global politics and territories.

Fashoda Affair

A diplomatic crisis between France and Britain in 1898 over control of Sudan, highlighting imperial rivalries and leading to the eventual Entente Cordiale.

Righteous and Harmonious Fists

A Chinese secret society known for the Boxer Rebellion (1899-1901), which aimed to rid China of foreign influence and missionaries.

Boxers

Members of a Chinese secret society known for the 1900 Boxer Rebellion, which aimed to expel foreign influence from China.