Scenario: Just-For-Kids, Inc. Just-For-Kids, Inc. Is a Toys and Clothes Manufacturer Based in Manufacturer

question 68

Multiple Choice

Scenario: Just-for-Kids, Inc.
Just-for-Kids, Inc. is a toys and clothes manufacturer based in San Diego, California. The company has received an inquiry from an overseas company to do business. Tom Dodd is the owner of the company researching the opportunity and how exchange rates will affect its international business activities.
-How do you explain to Tom what devaluation in a target market means?

• A) Devaluation increases the price of a country's exports on world markets.
• B) Devaluation reduces the price of imports like those of Just-For-Kids.
• C) Devaluation increases the price of imports like those of Just-For-Kids.
• D) Devaluation prohibits foreign companies to invest in the country.

---

Definitions:

Behavioral Learning

A theory indicating that individuals learn through interactions and responses to their environment, often in the context of consumer habits and marketing exposure.

Stimulus Generalization

The psychological principle where a conditioned response is triggered by stimuli similar to the original associated stimulus.

Behavioral Learning

A theory that explains human learning and behavior through the association between stimuli and responses, emphasizing the role of reinforcement.

Cognitive Learning

Refers to the mental process of acquiring knowledge and understanding through thought, experience, and the senses, emphasizing the role of the brain in processing information.