Asked by Cathy Tuzon on May 20, 2024
Verified
An example of a relationship and image environmental cost is:
A) monitoring costs.
B) provisions for a potential oil-spill cleanup.
C) when a firm produces a product that is difficult to dispose of safely.
D) lost business because of adverse television publicity.
Relationship and Image Costs
Expenses incurred to build and maintain relationships with customers and to enhance the company's image and brand.
Oil-spill Cleanup
The process of removing or mitigating the impact of oil spilled into an environment, typically involving physical, chemical, and biological methods.
- Acquire insight into the idea of environmental costs and their organization into separate classifications.
Verified Answer
BP
babal preetMay 26, 2024
Final Answer :
D
Explanation :
Lost business due to adverse television publicity is an example of an image environmental cost, as it directly affects the company's reputation and can lead to financial losses due to decreased consumer trust and sales.
Learning Objectives
- Acquire insight into the idea of environmental costs and their organization into separate classifications.
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