A Business Owner Has to Decide Whether the Company Should

question 30

Multiple Choice

A business owner has to decide whether the company should purchase new manufacturing equipment,open a new retail store in another city,or invest in a major advertising campaign.The value of the most appealing alternative that the business owner did not choose is its ________.

• A) break-even value
• B) decisional value
• C) opportunity cost
• D) factor analysis determination
• E) resource value

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Definitions:

Token Economy

A form of behavior modification that uses tokens or symbols as rewards for performing desired behaviors, which can be exchanged for other rewards.

Behavior Modified

A therapeutic approach aimed at changing negative behaviors through various techniques such as reinforcement or punishment.

Respondent Behavior

Behavior that occurs as an automatic response to some stimulus, often discussed in the context of classical conditioning.

Specific Stimulus

A particular environmental event or condition that elicits a response from an organism.