Which of the Following Is Most Likely True About Business

question 84

Multiple Choice

Which of the following is most likely true about business legislation?

• A) Business laws are enforced only in international markets and not in local markets.
• B) Business laws fail to prevent unfair competition among the different companies in a market and tend to encourage monopolies.
• C) Business laws usually remain constant over time.
• D) Local, national, and state business laws rarely overlap with one another.
• E) Business laws that are enforced by government agencies have a major impact on a company's marketing performance.

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Definitions:

Conditioning

The process of learning associations between environmental stimuli and behavioral responses, fundamental to behavioral psychology.

Stimulus

Any event or situation that evokes a response from an organism.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without any prior learning.

Conditioned Stimulus

A previously neutral stimulus that, after being associated with an unconditioned stimulus, evokes a conditioned response.