Recall the Application About How a Private Good,LoJack,generates External Benefits

question 30

Multiple Choice

Recall the application about how a private good,LoJack,generates external benefits as well as private benefits.Which of the following is NOT a benefit from the LoJack system?

• A)more stolen cars recovered
• B)more police being hired
• C)lower insurance costs
• D)fewer automobile thefts

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Definitions:

Corporate Stewardship

The responsibility corporations take on to manage their economic, social, environmental, and governance practices sustainably.

Confidential Information

Sensitive data or knowledge that is not to be shared with the public or unauthorized persons, often to maintain privacy, security, or competitive advantage.

Rationality

The quality of being based on logic or reason, often involving the application of clear and coherent thinking.

Publics

Groups of individuals differentiated by their distinct interests, values, or needs that are relevant to an organization.