Susan Williams Wants to Know the Various Tasks to Be

question 92

Multiple Choice

Susan Williams wants to know the various tasks to be performed by a new employee before she looks for applicants. She should first

• A) examine production data for current employees.
• B) prepare a job description.
• C) consult the United States Employment Service.
• D) hire a temporary employee.

Understand the concept of capital rationing and its two types: soft and hard rationing.

Grasp the methods to test and validate sales projections and cost estimates.

Recognize the importance of strategic options and contingency planning in business scenarios.

Understand the concept of operating leverage and its effect on business risk.

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Definitions:

Operant Conditioning

A learning process by which the consequences of an action affect the likelihood of its occurrence in the future, central to behavioral psychology.

Imitation

The action of using someone or something as a model and attempting to replicate their behavior, actions, or attributes.

Operant Conditioning

A teaching mechanism in which the intensity of an action is altered through positive reinforcement or negative consequences.

Classical Conditioning

An educational method where a response becomes conditioned by pairing an external trigger with an inherently occurring trigger, resulting in conditioned behavior.