A Firm's Ability to Undertake an Action Is Referred to as ________

question 39

Multiple Choice

A firm's ability to undertake an action is referred to as ________.

• A) differentiation
• B) competitor motivation
• C) competitor capability
• D) competitor awareness
• E) strategic ability

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Definitions:

Operant Conditioning

A method of learning that occurs through reinforcements and punishments for behavior, influencing the likelihood of that behavior being repeated.

Higher-Order Conditioning

A form of learning in which a stimulus is first made meaningful through classical conditioning. Then, another stimulus is paired with the first, causing the second stimulus to elicit the conditioned response even in the absence of the first.

Shaping

A method of positively reinforcing behaviors that are successively closer to the desired behavior.

Extinguish

In the context of psychology, to gradually reduce or eliminate a learned response by ceasing to reinforce the behavior.