​Rob Wants to Create a Personal Trainer Program Service and Needs

question 465

Multiple Choice

​Rob wants to create a personal trainer program service and needs to pay for equipment and gym space. He can finance this capital investment by

• A)​borrowing money from a friend.
• B)selling shares of future profits.
• C)​using his own savings.
• D)​All of the above.

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Definitions:

Extinction

Also a term from reinforcement theory, extinction refers to the situation in which a behavior is followed by no consequences and eventually disappears.

Underpayment Inequity

A situation where a person perceives that they receive less compensation than they deserve, compared to others in similar positions.

Reduce Inputs

A cost-saving and efficiency strategy which focuses on lowering the resources (such as materials, labor, and energy) used in the production process.

Security Needs

Basic human requirements for safety and security, including physical safety, employment, resources, health, and property.