The Minimum Proficiencies Necessary to Do a Job Are Known

question 44

Multiple Choice

The minimum proficiencies necessary to do a job are known as ____.

• A) hard skills
• B) competency skills
• C) soft skills
• D) diploma skills
• E) dependent skills

Understand the fundamental concepts of classical conditioning.

Describe the preparedness hypothesis and its implications for conditioned learning.

Understand the principle of operant conditioning and its application in learning and behavior modification.

Explain systematic desensitization and its relevance in counterconditioning.

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Definitions:

Futures Contracts

Standardized agreements to buy or sell a commodity or financial asset at a future date and price.

Hedge

An investment strategy used to reduce risk by taking positions that offset potential losses in other investments.

Strike Price

The strike price is the price at which the holder of an option contract has the right to buy (for a call option) or sell (for a put option) the underlying asset or security upon exercise of the option.

Futures Option

An option contract that gives the holder the right, but not the obligation, to buy or sell a futures contract at a specified price on or before a certain date.