All of the Following Are Examples of External Cost EXCEPT

question 136

Multiple Choice

All of the following are examples of external cost EXCEPT:

• A) smoke nuisance of a factory.
• B) zoning restrictions on your property.
• C) land defilement from strip mining.
• D) weeds on your next-door neighbor's lawn.

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Definitions:

Consultative Management

A leadership approach where managers seek input and feedback from their team before making decisions, promoting a collaborative work environment.

Organizational Structure

The system outlining how activities are directed in order to achieve an organization's goals, defining roles, responsibilities, and the flow of information within the organization.

Company's Performance

An assessment of a company's ability to achieve its business objectives and goals, often measured by financial indicators such as revenue, profit margins, and market share.

Cross-functional

Relates to a team or process involving members from different departments or areas of expertise working together towards a common goal.