When Pursuing a Vertical Integration Strategy, a Firm Gets Involved

question 51

True/False

When pursuing a vertical integration strategy, a firm gets involved in new portions of the value chain.

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Definitions:

Reinforcement

In psychology, it is a consequence that will strengthen an organism's future behavior whenever that behavior is preceded by a specific antecedent stimulus.

Negative Reinforcement

A behavioral principle where the removal of an unpleasant stimulus following a behavior increases the likelihood of that behavior being repeated in the future.

Nagging

The act of persistently annoying or finding fault in someone, often to prompt an action or change.

Aversive Conditioning

A method of behavior conditioning in which an undesirable behavior is paired with an aversive stimulus to reduce the behavior's occurrence.