Examlex
The cash conversion cycle (CCC) combines three factors: The inventory conversion period, the average collection period, and the payables deferral period, and its purpose is to show how long a firm must finance its working capital.Other things held constant, the shorter the CCC, the more effective the firm's working capital management.
Negative Reinforcement
A behavioral principle where the removal of an unpleasant stimulus strengthens a behavior’s occurrence.
Omission Training
A method in behavioral psychology where a desirable outcome is removed following unwanted behavior, as a form of negative punishment.
Extinction
In behavioral psychology, the gradual decrease and eventual disappearance of a conditioned response when it is no longer reinforced.
Negative Reinforcement
A learning process where the removal of an unpleasant stimulus strengthens a behavior.
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