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Identify negative externality generated by the organisation

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Reference no: EM132552267

Think about an organisation that you know and then:

Question a) Identify at least one positive and one negative externality generated by the organisation and identify the stakeholders affected by the externalities.

Question b) Would these externalities directly impact on the income or expenses (and therefore profit) of the organisation?

Question c) In your opinion, is the failure to recognise externalities a fundamental limitation of our current financial reporting requirements?

Reference no: EM132552267

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