Air Pollution Generated by a Paper Mill Factory Is an Example

question 75

Multiple Choice

Air pollution generated by a paper mill factory is an example of a

• A)positive production externality.
• B)positive consumption externality.
• C)negative consumption externality.
• D)marginal external benefit.
• E)negative production externality.

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Definitions:

Balanced Scorecard

A strategic planning and management system used to align business activities with the vision and strategy of the organization, improving internal and external communications and monitoring performance against strategic goals.

Lagging Indicator

A metric that shows the effects of economic events, trends, or investment performance after they have occurred.

BSC Performance Perspectives

The four angles (financial, customer, internal processes, and learning & growth) through which the Balanced Scorecard evaluates an organization's performance.

Leading Indicator

An economic or financial metric that predicts future trends and economic changes before they happen.