A lack of awareness of the following problem results in executives not attributing enough value to the use of an environmental resource.
A)A commons problem
B)An ethics problem
C)A value problem
D)A risk-assessment problem
E)A moral problem

Question

Quizplus · Accepted Answer

The commons problem, also known as the tragedy of the commons, refers to a situation where individuals, acting independently and rationally according to each one's self-interest, behave contrary to the whole group's long-term best interests by depleting a common resource. This lack of awareness can lead executives to not attribute enough value to the sustainable use of an environmental resource, as they may not fully consider the collective impact of their actions.

A Lack of Awareness of the Following Problem Results in Executives