_____ Results When the Desire to Engage in a Particular

question 139

Multiple Choice

_____ results when the desire to engage in a particular behavior is to gain some reward or to avoid some undesirable consequence.

• A)Learned motivation
• B)Intrinsic motivation
• C)Incentive-based motivation
• D)Extrinsic motivation

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Definitions:

Elastic

A characteristic of a good or service whose demand or supply changes significantly when its price changes, indicating sensitivity to price adjustments.

Sunk Costs

Expenses that have been incurred and cannot be recovered, which should not impact future business decisions.

Barriers to Entry

Obstacles that make it difficult for new competitors to enter a market, including high startup costs, legal restrictions, and strong brand identity.

Research and Development

Activities undertaken by companies or organizations to innovate and introduce new products or processes.