Answer:
The correct word for the blank space is: negative.
Explanation:
An Externality is a cost or benefit incurred or obtained by a third party that does not influence the factors which generated the cost or benefit. In the same context, negative externalities are those that affect individuals who are not involved in the production process that causes the negative externality. <em>Pollution, noise, traffic, construction works</em> are considered some examples.
Answer:
The action of ACME global represent the influence of Government in the external environment of an organisation
Explanation:
The external environment of an organisation represents the factors outside the environment that is capable of influencing the decision of the organisation. It consists of the outside factors that influences the organisation. e.g social cultural, political, economic, technological factors among others.
One of these factors is the Political/ Legal factor:
The political / legal factor focuses on the influence of government on business organisations. It reviews how government laws, policies, and rules affects the operation of business. The rules and regulations or policies put in place by the government has the capacity to influence the business decision.
In the case of ACME global hiring a director of safety, they are doing so in other to comply to the occupational safety and Health Act that is most definitely enacted by the government.
Therefore we can say that the action of ACME global represent the influence of Government in the external environment of an organisation
Answer: The scenario exemplifies <em><u>simplification.</u></em>
Explanation:
Simplification is a process used to make something easier to understand. It can also be used to help something more simple to learn and also to easier to do.
With this scenario, the manager is interacting the exact same way as they always do no matter where they are located. This is helpful because the manager does not need to learn or remember to change the way they act when meeting someone new in business.
I think that the answer would be A. I hope you forgive me if I am wrong
Answer:
Key Points
Explanation:
The government may artificially increase prices through purchasing a portion of the consumer surplus or artificially increase quantity through offering subsidies to producers. This allows the government control over the established equilibrium in agriculture.
