Identify the following situations as an example of a negative or a positive externality: a. You are a birder (bird watcher), and your neighbor has put up several birdhouses in the yard as well as planting trees and flowers that attract birds. b. Your neighbor paints his house a hideous color. c. Investments in private education raise your countrys standard of living. d. Trash dumped upstream flows downstream right past your home. e. Your roommate is a smoker, but you are a nonsmoker
Lecture 4 Today we turned to the problem of staffing the organization with the right people, doing the right things, in the right places. You have to select people into the organization who have the ability to do the job. Next class we will talk about how to select and manage employees in compliance with employment and wage & hour laws. What is important to know about staffing is that common sense will lead you in the wrong direction--you will be tempted to hire people who are like you, people who appear highly motivated, or people who "fit" with the team. But before you select people on this basis, you first need to know whether the applicants have the underlying knowledge, skills and abilities (KSAs) to perform the job. First select people on the basis of their KSAs so you know you h
