A Written Statement of Why a Company Exists and What

question 100

True/False

A written statement of why a company exists and what it plans to accomplish is referred to as its core competencies.

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Definitions:

Reinforcement

In behavioral psychology, a process by which a behavior is strengthened or increased through positive outcomes or consequences following the behavior.

Fixed Amount

A predetermined quantity, often referring to a specific sum of money or a static measurement in experiments and statistics.

Varying Amounts

Describes quantities that differ in size, number, or extent, and are not fixed or constant.

Fixed Interval

A schedule of reinforcement where the first response is rewarded only after a specified amount of time has elapsed, in behavioral psychology.