A Negative Externality Is

question 93

Multiple Choice

A negative externality is:

• A) not as costly as a positive externality.
• B) a cost that individuals or firms impose on others without having to pay compensation.
• C) immune to economic incentives.
• D) an unavoidable consequence of budget deficits.

Identify the types of distribution network designs and their advantages.

Know the key factors influencing the cost within supply chain networks, including transportation and inventory costs.

Recognize the importance of customer experience in the supply chain, including product availability and order visibility.

Understand the concept of time to market and its significance in product development and distribution.

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Definitions:

Tax Purposes

The reason or intent behind financial decisions or transactions primarily to comply with tax regulations or optimize tax benefits.

Process Layout

An arrangement of resources in a manufacturing or service environment where similar processes are grouped together.

Product

A tangible good, an intangible service, or a combination of these.

Equipment

Tools or machinery that are necessary for a particular kind of work or activity, often utilized in various fields such as construction, manufacturing, and medical.