In Which of the Following Industry Environments Are Acquisitions MOST

question 63

Multiple Choice

In which of the following industry environments are acquisitions MOST likely to be favored over new ventures?

• A) Embryonic industry
• B) Industry in its later stages of growth
• C) Industry passing through the shakeout stage
• D) Mature industry
• E) Declining industry

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Definitions:

Conditioned Response

A learned response to a previously neutral stimulus that has become conditioned through association.

Primary Reinforcer

A naturally occurring stimulus like food or drink that is needed for survival and that intrinsically motivates or satisfies physiological needs.

Positive Reinforcer

A positive reinforcer is any stimulus that, when presented after a behavior, increases the likelihood of that behavior being repeated.

Secondary Reinforcer

Any reinforcer that becomes reinforcing after being paired with a primary reinforcer, such as praise, tokens, or gold stars.