Web Sites Like Napster Demonstrate That the Pursuit of Self-Interest

question 92

Multiple Choice

Web sites like Napster demonstrate that the pursuit of self-interest can lead to a collective disaster when one or more people start to profit from being unethical because this encourages other people to act in the same way. This exemplifies a situation known as the _____.

• A) "race to the bottom"
• B) "tragedy of the commons"
• C) "prisoner's dilemma"
• D) "war of attrition"
• E) "the market for lemons"

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Definitions:

Continuous-Process

A manufacturing or production process that operates constantly, without interruption, to produce products or materials.

Organizational Design

The process of structuring an organization's roles, responsibilities, and systems in a way that aligns with its goals and strategy.

Bureaucratic Aspects

Elements or characteristics associated with bureaucracy, such as hierarchical structure, formal rules, and impersonal decision-making processes.

Leadership Of The Manager

Involves guiding and inspiring a team towards achieving goals through effective decision-making and interpersonal skills.