In Using Reinforcement, a Manager Should

question 90

Multiple Choice

In using reinforcement, a manager should

• A) clearly communicate the desired behavior.
• B) reward both desired and undesired behavior.
• C) give all employees the same rewards to ensure fairness.
• D) save rewards for weekly or monthly celebrations.
• E) avoid using punishment.

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Definitions:

Substitution Effect

The change in consumption patterns due to a change in relative prices, leading consumers to substitute one product for another.

Demand Curve

A curve showing the relation between the price of a good and the quantity consumers are willing and able to buy per period, other things constant.

Market Demand Curve

A graphical representation that depicts the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.

Law of Demand

The economic principle stating that as the price of a good decreases, consumer demand for that good will increase, and vice versa, holding everything else constant.