Differentiate Between Committed Costs and Discretionary Costs

question 75

Essay

Differentiate between committed costs and discretionary costs. Be sure to present two examples of each and explain which of the two cost types would likely be cut should a company encounter financial difficulties.

Identify the role of grassroots environmentalism in promoting local and global environmental change.

Comprehend the attitudes and beliefs that shape human interactions with the environment.

Acknowledge the significance of environmental justice and its role in policy and activism.

Understand the impact of environmental policies and practices on minority and impoverished communities.

---

Definitions:

Idiosyncratic Factors

Unique personal attributes or characteristics that influence behavior and responses in different situations.

Universal

Relating to or affecting all people or things in the world or in a particular group; applicable everywhere or in all cases.

Common

Occurring frequently or widely accepted and used; usual or shared by most.

Socio-cultural-economic-political Influences

Factors stemming from societal, cultural, economic, and political realms that affect individuals and communities.