Imagine That You Are About to Go on Shark Tank

question 71

Essay

Imagine that you are about to go on Shark Tank to obtain financial backing.Describe what factors you should consider when valuing your company.

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Definitions:

Immediate Reinforcers

Rewards that occur directly following a behavior, increasing the chance of that behavior being repeated.

Partial Reinforcer

A reinforcement strategy in which only a portion of responses are rewarded, aimed at strengthening behavior.

Primary Reinforcer

An innately reinforcing stimulus, such as one that satisfies a biological need (e.g., food, water, shelter).

Variable-Ratio

A reinforcement schedule where a response is reinforced after an unpredictable number of responses, influencing rapid and consistent response rates.