How Does Externalization Work?

Externalization is the process of transforming our thoughts into some sort of external form, typically by writing or speaking. We respond better to stimuli in our Environment than our own internal thoughts. We can improve our productivity by converting our internal thoughts into an external form.

What is an example of externalization?

A corporation that externalizes its costs onto society and the environment is not taking full responsibility and ownership of these costs. ... An example might be the discharge of untreated toxic waste into a river where people wash and fish.

What is cause externalization Why does it happen?

Fundamentally, cost externalization occurs when a company transfers some of its moral responsibilities as costs to the community directly or as degradation to the environment. For example, railroads and airlines transfer the cost of fuel, noise, and terminal infrastructure to the community.