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Portfolio Project: This week discuss a current business process in a specific industry.
Portfolio Project: This week discuss a current business process in a specific industry. Note the following: -The current business process itself. -The industry the business process is utilized in. After explaining the current situation, take the current learning from the course and: Explain a new technology that the business should deploy. Be specific, don’t only note the type of technology but the specific instance of technology. (For example, a type of technology is smart automation a specific type of automation is automated light-dimming technology). Note the pros and cons of the technology selected. Note various factors the business should consider prior to deploying the new technology. The above submission should be three pages in length. Remember the total length does not include the APA approved cover page or the references. There should be at least three APA approved references to support your work
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The answer to this question is "Moral Hazard". Hence If an individual and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits, they are more likely to engage in irresponsible and even unethical behavior. this situation is known as a MORAL HAZARD. This is a belief of a company that they can pursue rewards without facing a problem or any issue.