In _____, Information Is Gained from Watching a Model, Which

question 53

Multiple Choice

In _____, information is gained from watching a model, which then allows the person who is watching to modify his or her own behavior.

• A) discrimination training
• B) sign-tracking
• C) imprinting
• D) observational learning

---

Definitions:

Sunk Cost

Costs that have already been incurred and cannot be recovered or changed.

Make or Buy

A decision-making process in which a company chooses between manufacturing a product internally or purchasing it from an external supplier.

Significant Sunk Costs

Expenses that have already been incurred and cannot be recovered or changed.

Avoidable Cost

Costs that can be eliminated if a certain decision is made, not incurred if a particular activity is avoided.