Which of the Following Is an Example of an External

question 59

Multiple Choice

Which of the following is an example of an external failure cost?

• A) Fines for breach of environmental standards
• B) Employee health costs
• C) Implementation costs of new technology minimising risk of environmental damage
• D) Costs to monitor existing environmental systems in the organisation

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Definitions:

5P Checklist

A tool or framework used to ensure that important factors or aspects of a task or project are considered; typically, referencing people, process, product, price, and place.

Conflict Trigger

A specific event, action, or communication that initiates conflict or exacerbates an existing conflict within a group or between individuals.

Intergroup Conflict

describes a situation where groups within an organization or society are in opposition or competition with each other, often arising from differences in goals, values, or resources.

Interpersonal Conflict

A situation in which two or more individuals in an organization disagree on specific issues, leading to a dispute or confrontation.