Externality

One concept. Four tiers of command. Which do you speak?

Category: Strategy

Foundational Lexiconside effect on others
Executive Parlancespillover effect
Scholarly Discoursethird-party impact
Babel ZenithExternality
Origin: Economics

Etymology & Meaning

Costs or benefits affecting parties not in the transaction.

In the Boardroom

Pollution costs paid by society, not the factory.

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