An Externality Can Be Defined As

question 18

Multiple Choice

An externality can be defined as:

• A) an impact of an external group or entity on the reporting organisation.
• B) an impact that a reporting organisation has on parties that have a direct financial relationship with the organisation.
• C) an impact that a reporting organisation has on parties that are external to the organisation; parties that typically have no direct relationship with the organisation.
• D) an impact on the organisation that is not of an economic nature and which is caused by environmental protection regulations.

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Definitions:

Mood-dependent Memory Effect

The phenomenon where an individual's current mood affects the recall of memories congruent with that mood.

State-Dependent Learning

The phenomenon that recall is easier when the pharmacological state of the person at recall matches his or her pharmacological state during encoding.

Retrieval Processes

The cognitive operations involved in bringing stored information back into consciousness or into active use.

Encoding Variability

The way the encoding of information varies as a function of context.