Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Help Save & Exi Saved Quiz Why are black swan events such as accounting scandals

ID: 2332429 • Letter: H

Question

Help Save & Exi Saved Quiz Why are black swan events such as accounting scandals and the global financial crisis perceived as caused by cheap credit and subprime mortgages offered by financial institutions, bad for business? Multiple Choice They allow companies to gain a competitive advantage unfairly They erode the implct trust between the corporate world and society They contribute to competitive parity, which hinders economic growth. They foster a folse sense of prosperity, which results in economic depression K Prey 14 of 22E Next>

Explanation / Answer

b. Black swan events are often considered bad for business because they erode the implicit trust between the corporate world and society.

Rest all the optios are incorrect.