If BHP Billiton Is Concerned About the Costs of Monitoring

question 31

Multiple Choice

If BHP Billiton is concerned about the costs of monitoring existing levels of carbon emissions,what type of environmental cost are they concerned with?

• A) Prevention costs
• B) Appraisal costs
• C) Internal failure costs
• D) External failure costs

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Definitions:

Absorption

The process by which one thing absorbs or is absorbed by another, such as material substances or information.

Corporate Social Responsibility

Corporate Social Responsibility (CSR) is a concept where businesses consider their impact on society and the environment and take responsibility to operate in a manner that is ethical and sustainable.

Stakeholders

Individuals or groups that have an interest, concern, or stake in an organization, project, or outcome and can affect or be affected by its actions.

Work-Related State

Refers to the condition or situation that pertains directly to the work environment or job tasks.