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An Initial Public Offering (IPO) Represents the First Time a Corporation's

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An initial public offering (IPO) represents the first time a corporation's stock is offered and sold to persons outside of the company.


Definitions:

Shaping

A process in behavioral psychology involving the reinforcement of closer and closer approximations of a desired behavior.

Stimulus Discrimination

The ability to differentiate between similar stimuli and respond appropriately to each.

Variable-Ratio Schedule

A reinforcement schedule in which a response is rewarded after an unpredictable number of responses, making it highly effective for maintaining consistent behavior.

Shaping

A method of teaching new behaviors by rewarding closer and closer approximations of the desired behavior until the target behavior is achieved.

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