Examlex
A high inventory turnover ratio is bad because it indicates the firm has too much inventory.
Observational Learning
A learning process where individuals change their behaviors or acquire new information by watching the actions of others.
Classical Conditioning
The learning method that occurs through repeated pairings of two stimuli, resulting in a response that at first is triggered by the second stimulus but in time is triggered by the first stimulus.
Operant Conditioning
The act of learning in which the intensity of a behavior is transformed by the application of rewards or punishments.
Instrumental Learning
Also known as operant conditioning, it is a learning process through which the strength of a behavior is modified by reinforcement or punishment.
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