An Example of a Way Employers Can Minimize Moral Hazard

question 115

Multiple Choice

An example of a way employers can minimize moral hazard is:

• A)monitor employees' computer activity.
• B)offer bonuses for consistent productivity.
• C)videotape the workplace.
• D)All of these are ways to minimize moral hazard.

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Definitions:

Self Management

The ability of an individual to regulate and control their own behaviors and actions to achieve personal and professional goals.

Skill

The ability to translate knowledge into action that results in desired performance.

Personal Development

A process of self-improvement encompassing activities that improve self-awareness, develop talents, and potential.

21st Century

Referring to the current century, marked by rapid advancements in technology, globalization, and changing societal norms.