Any Cost That Is Imposed Without Compensation on Someone Other

question 100

Multiple Choice

Any cost that is imposed without compensation on someone other than the person who caused it is called a(n) _______ cost.

• A)private
• B)social
• C)external
• D)network

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Definitions:

Automation

The use of technology to execute tasks with minimal human intervention.

Sustainability Initiatives

Efforts made by individuals, organizations, or governments to reduce environmental impact and promote responsible resource use for future generations.

Mitigation of Risk

Strategies and actions taken to reduce the severity, impact, or likelihood of potential threats and vulnerabilities to a project, system, or investment.