Positive Reinforcement Is to __________ as Negative Reinforcement Is to __________

question 484

Multiple Choice

Positive reinforcement is to __________ as negative reinforcement is to __________.

• A) good outcomes; bad outcomes
• B) increasing reinforcement; decreasing reinforcement
• C) rewarding behavior; punishing behavior
• D) presenting good results; removing aversive stimuli

Understand how market share and pricing strategies are interrelated in markets with network externalities.

Assess factors contributing to or detracting from profits in component-based industries like personal computing.

Identify the strategies firms use to lock in customers and increase profitability, including software and service offerings.

Interpret the role of network externalities in economic models and effective pricing strategies.

---

Definitions:

Vendor Managed Inventory (VMI)

A supply chain initiative where the supplier assumes the responsibility of managing inventory levels for the customer.

Outsourcing

The business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff.

Holding Cost Rate

The percentage of the value of inventory held over a certain period of time as costs, including storage, insurance, and depreciation.

Economical

Characterized by efficiency and avoidance of waste, referring to the cost-effective allocation and use of resources.