If in the Process of Maximizing Its Performance, a Firm

question 8

Multiple Choice

If in the process of maximizing its performance, a firm engages in activities that pollute the environment, the impact of that pollution is a(n)

• A) capability.
• B) externality.
• C) competitive advantage.
• D) weakness.

---

Definitions:

Taxable Item

A taxable item is any product or service subject to tax by governing authorities when sold or purchased.

Founders' Agreement

A legal document outlining the roles, responsibilities, and equity ownership of the founding members of a company.

Less Technical

Pertaining to or characterized by a simpler understanding or approach that doesn't heavily rely on specialized knowledge or complexities.

Key Issues

Central or most important problems, questions, or concerns that require attention or resolution.