An Externality Is Said to Be Internalized

question 76

Multiple Choice

An externality is said to be internalized:

• A)when individuals take external costs and benefits into account in their decision making.
• B)when the Coase theorem is irrelevant or cannot be applied.
• C)when individuals successfully petition the government to ban or restrict activities that generate negative externalities.
• D)when individuals learn to adapt to negative externalities through introspection or internal acceptance of what are viewed as unchangeable facts of life.

Recognize the factors affecting task accomplishment beyond effort, including employee ability and role clarity.

Compare and contrast different models of human needs and motivation (Maslow, Aldefer).

Define and elaborate on various motivation theories and their application in organizational behavior, including expectancy theory and the two-factor theory.

Explore the relationship between motivation, job satisfaction, and performance within organizations.

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Definitions:

Financial Asset

An asset that derives value from a contractual claim, such as cash, ownership interest in an enterprise, a bond, stock, or right to receive cash from a contract.

Accounts Receivable

Money owed by customers to a company for goods or services that have been delivered or used but not yet paid for.

Forward Exchange Contracts

Financial derivatives that lock in an exchange rate today for the purchase or sale of a currency on a future date.

Financial Instruments

Deals that create a financial asset for one entity and simultaneously generate either a financial liability or an equity instrument for another entity.