A Modified Rebuy Is Most Likely to Occur When

question 128

Multiple Choice

A modified rebuy is most likely to occur when:

• A)the company becomes dissatisfied with a vendor and wants to examine new options.
• B)re-ordering raw materials from the same vendor.
• C)buying a new computer system.
• D)purchasing a new building for an expansion project.

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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.