The Environment as a Public Good and the Pollution as an External Cost Contribution to Environmental Management.
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The purpose of the paper is to present a modified model of an internalizing external costs caused by the operation of a manufacturing unit in conjunction with the new reality created. The environment is characterized as a public good. Public goods are goods that provide benefits for society as a whole or part of it, usually regardless of whether the individual people are willing to pay to have these benefits. All entities, whether individuals or businesses or public agencies, have some financial resources with which they seek to achieve specific objectives (e.g. profit maximization). To achieve a specific objective usually there are many alternatives and possibilities. To be effective, i.e. to utilize the existing resources in the best manner possible, should be selected that the solution maximizes the desired outcome or minimizes the required sacrifices.
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