Question
Which of the following situation occurs when one party
in a negotiation has relevant information the other party lacks.Solution
Adverse selection occurs when one party in a negotiation has relevant information the other party lacks. The asymmetry of information often leads to making bad decisions, such as doing more business with less profitable or riskier market segments.
In the question below, three sentences are given with a part highlighted in bold. From the options, choose the phrase that can replace the highlighted ...
In an examination, it is more important to answer accurately than a quick finish .
Select the most appropriate option to substitute the bold segment in the given sentence. If there is no need to substitute it, select āNo substitution...
Identify the INCORRECTLY spelt word in the given sentence.
The athlete showed remarkable endurence during the marathon.
Select the alternative that will improve the bold part of the sentence in case there is no improvement select āNo improvementā.
The news r...
A callous system generates nothing but a misanthrope.
Select the most appropriate option that can substitute the Bold segment in the given sentence. If there is no need to substitute it, select āNo substi...
Mark is so focused on product details that he can't see the fortress for the trees when it comes to the overall needs of the company.
While relentless industrial development, including the explanation of ports and thermal power plants, could be one of the main reasons for the floods i...
The burden of fixed monthly charges and fuel cost adjustment will be born by state government
