Rick and Jose gain new market information regarding a potential entrepreneurial opportunity. Despite the fact that both of them have gained access to this new information, only one of these individuals has access to additional information suggesting that other competitors are already moving to exploit this opportunity. What is this an example of

The given description most likely exemplifies the situation of:

A).  Information Asymmetry

Thus, option A is the correct answer.

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Incomplete. Here are the options;

A.  information asymmetry

B.  information assurance

C.  information reliability

D.  information asset  

E.  social networking

A.  information asymmetry

Explanation:

The concept of Information asymmetry involves a situation where one party in a relationship has more or better information than the other party.

In this case, there exists a party with more (additional) information than the other, hence it is a good example of information asymmetry.

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