In Operant Conditioning, If Behavior Is Positively Reinforced, It Is

question 84

True/False

In operant conditioning, if behavior is positively reinforced, it is less likely to repeat.

Recognize the impact of technology, market deregulation, and globalization on global business.

Define intellectual capital and recognize its value in the knowledge-based economy.

Identify the characteristics of a knowledge worker.

Understand the concept of globalization and its effects on business competition and operations.

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Definitions:

Federal Reserve

The central banking system of the United States, responsible for implementing monetary policy, supervising banks, and providing financial services to depository institutions, the government, and the public.

Microfinance Loans

Small loans provided to individuals or groups in impoverished areas to spur economic development.

Bank Loans

Borrowed sums of money from banks that individuals or businesses must repay with interest according to agreed-upon terms.

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid.