Negative Externality Occurs When

question 14

Multiple Choice

Negative externality occurs when

• A)The production of a good harms third parties
• B)The production of a good helps third parties
• C)A buyer is sold inferior and damaged merchandise
• D)The consumption of a good helps third parties

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Definitions:

Functional Plan

A strategic plan that is specific to a department or function within an organization, detailing objectives, resources, and timelines.

Strategic Plan

A systematic process of envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.

Standing Plan

A long-term approach created to be used repeatedly in situations that occur frequently within an organization.

Sexual Harassment

Unwanted or unwelcome behavior of a sexual nature that affects an individual's employment, interferes with work, or creates a hostile work environment.