Which of the Following Would Be an Example of a Nongovernmental

question 147

Multiple Choice

Which of the following would be an example of a nongovernmental solution to a problem associated with externalities?

• A)​society's preference to drive large cars and SUVs
• B)​new stricter anti-litter laws
• C)​a general moral commitment against using sprinklers during a drought
• D)​tax credits for the purchase of hybrid autos

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Definitions:

Low Inventory Levels

A situation where a business holds a minimal amount of products in stock to reduce holding costs and increase efficiency.

Geographically Dispersed

A term describing entities such as teams, offices, or populations that are spread across different geographical locations.

Total Logistics Cost

The expenses associated with transportation, materials handling and warehousing, inventory, stockouts (being out of inventory), order processing, and return products handling.

Customer Service

The support offered by a company to its customers before, during, and after a purchase to ensure satisfaction and manage inquiries or complaints.