EGB10403: explain with a relevant example why is it important for a business: Intermediate Microeconomics Assignment, MU, Malaysia
| University | Monash University (MU) |
| Subject | EGB10403: Intermediate Microeconomics |
QUESTION:
Your group is required to choose any business industry in Malaysia and explain with a relevant example why is it important for a business to anticipate moral hazard. Also, on how to overcome this crisis.
You may emphasize primarily on:
- The name of your chosen company, the location of the company (e.g city, island), and a description of the nature of the business.
- Here your group needs to define and explain how moral hazard is being used in the selected company.
What was difficult about making these economic decisions with the presence of moral hazard? How successful do you think your company’s performance will be in the long term?
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