Business Assets That Tend to Be Used for Both Business

question 107

True/False

Business assets that tend to be used for both business and personal purposes are referred to as listed property.

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Definitions:

Modifying Behaviour

The process of using techniques, such as reinforcement or punishment, to alter an individual's actions or reactions.

Non-contingent Reinforcement

A behavior reinforcement strategy where rewards are given at fixed times or intervals, regardless of the behavior exhibited.

Thorndike

Edward Thorndike was an American psychologist who formulated the Law of Effect, which posits that behaviors followed by satisfying outcomes are likely to recur.

Successful Responses

are behaviors or actions that effectively achieve the desired outcome or solve a particular problem in a given context.