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In order to be classified as a _________________, a cost must possess two characteristics, that they are future costs and they differ across alternatives.
Reinforcement
In psychology, a process of encouraging or establishing a pattern of behavior by offering rewards or punishing unwanted behavior.
Punishment
The imposition of a penalty as a response to an undesired behavior, intended to discourage future occurrences of such behavior.
Negative Consequences
Results of a behavior that a person finds unattractive or aversive.
360-degree Feedbacks
A performance appraisal method that collects feedback from all directions: supervisors, peers, subordinates, and sometimes external sources like customers.
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