If a Business Builds a Park in a Community,it Creates

question 31

Multiple Choice

If a business builds a park in a community,it creates a(n) _____ for community members.

• A) social cost
• B) positive externality
• C) opportunity cost
• D) negative variance

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Definitions:

Marketing Activities

Actions or tasks related to promoting and selling products or services, including advertising, content marketing, and product development.

Field of Experience

Refers to the accumulated knowledge and skills that individuals or organizations possess, usually related to a specific industry or professional area.

Communication Process

The sequence of steps wherein information is transferred from a sender to a receiver effectively.

Feedback Loop

A system in which the output or result of an action is returned (fed back) to modify the next action or decision.