A form of cheating or under-supply relative to an explicit or implicit contract is known as _____. ?
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The answer is Opportunism.
A form of cheating or undersupply relative to an explicit or implicit contact is known as opportunism. This usually takes place when buyers are not capable of monitoring their supplier performance with ease. In this case, circumstances are taken advantage of to the maximum giving weight to only self-interest motives and not bothering about the consequences to others.
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This is an interesting question.
A form of cheating or under-supply relative to an explicit or implicit contract is known as Opportunism.
According to different economical theories, it is said that human beings use and take benefits from others at the time of need. This is because they are self-interested in their self and cannot think about others.
Hope this will help you.
A form of cheating or under-supply relative to an explicit or implicit contract is known as Opportunism.
According to different economical theories, it is said that human beings use and take benefits from others at the time of need. This is because they are self-interested in their self and cannot think about others.
Hope this will help you.
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