The Concept of Business Responsibility Based on Using Laws to Constrain

question 60

Multiple Choice

The concept of business responsibility based on using laws to constrain business behavior is referred to as the

• A) neoclassical economic model.
• B) socialist model.
• C) legal model.
• D) stakeholder model.

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Definitions:

Premack's Principle

A principle stating that more probable behaviors can serve as reinforcers for less probable behaviors.

High-Probability Activities

Activities that an individual is highly likely to engage in, often used in behavior modification by allowing access to them as a reward.

Reinforcing

Strengthening a behavior by providing a consequence that will increase the likelihood of the behavior's recurrence.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 1 represents certainty.