Which of the following types of environmental costs is the most difficult to quantify?

Question

Quizplus · Accepted Answer

External failure costs are the costs incurred due to a product or service failing in the hands of the customer. These costs can include lost sales, product recalls, and legal fees. However, it can be difficult to quantify these costs as they are often unpredictable and dependent on external factors such as media coverage and public perception. In contrast, internal failure, prevention, and appraisal costs are more easily quantifiable as they are related to processes and procedures within a company.

Which of the Following Types of Environmental Costs Is the Most