What are the four environmental cost types in organisations?

Question

Quizplus · Accepted Answer

The four environmental cost types in organisations are prevention costs (costs incurred to prevent environmental harm), appraisal costs (costs of assessing environmental impact), internal failure costs (costs of correcting environmental problems before they reach the public), and external failure costs (costs of correction and remediation after environmental harm has occurred). Options A and B are not relevant to environmental costs, and option D is incorrect as it includes "variable" as a cost type, which is not specific to the environment.

What Are the Four Environmental Cost Types in Organisations