Once a Firm Has Selected a Vendor,the Next Step Is

question 110

Multiple Choice

Once a firm has selected a vendor,the next step is to place an order.The order will specify:

• A) price.
• B) quantities.
• C) delivery schedule.
• D) nonperformance penalties.
• E) all of these.

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Definitions:

Ratio Schedule

A type of reinforcement schedule in operant conditioning where a response is reinforced after a specified number of responses.

Continuous Reinforcement

A method in behavioral psychology where a desired behavior is reinforced every time it occurs, leading to faster learning.

Partial Reinforcement

A conditioning strategy where a behavior is reinforced only some of the time, often making the learned behavior more resistant to extinction.

Unconditioned Response

A natural, unlearned reaction to an unconditioned stimulus, such as salivation when food is presented, inherent in classical conditioning.