The Separation of Ownership and Control Is the Most Effective

question 85

True/False

The separation of ownership and control is the most effective means used by firms to prevent managerial opportunism.

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Definitions:

Shaping

The process of reinforcing successive approximations of a desired behavior to teach new behaviors.

Reinforces

In psychology, refers to consequences that increase the likelihood of the behavior that led to them being repeated in the future.

Variable-Interval

A schedule in operant conditioning where a response is rewarded after an unpredictable amount of time has passed.

Unpredictable

Describes something or someone that is not able to be predicted, due to variability in behavior or characteristics.