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A Negative Externality Is a Cost That Individuals or Firms

question 178

True/False

A negative externality is a cost that individuals or firms impose on others without having to pay compensation.


Definitions:

Hierarchical Boundaries

The defined limits and distinctions between levels of authority and responsibility in an organization's structure.

Chief Knowledge Officer

An executive responsible for managing an organization's intellectual assets and ensuring that knowledge within the organization is effectively shared, utilized, and augmented.

Systematically Collect

The organized and methodical gathering of data, information, or facts for analysis, evaluation, or record keeping.

Online Training

A method of learning that utilizes the internet and digital platforms to impart skills and knowledge, allowing learners to engage in educational courses remotely.

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