Sony, Microsoft, and Nintendo Have in Common That

question 111

Multiple Choice

Sony, Microsoft, and Nintendo have in common that

• A)each achieved a dominant position in its industry because it owned a key input in the production of its product.
• B)the industry in which each firm competes is an oligopoly because of government-imposed barriers to entry.
• C)each company was founded in the same state.
• D)the profitability of each firm depends on its interactions with other firms.

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Definitions:

Skinner

An American psychologist and behaviorist known for his development of the theory of operant conditioning.

Contingency Theory

A theory in organizational behavior that suggests the effectiveness of leadership depends on the situation at hand and how certain factors affect the situation's outcome.

Social Learning

The process of acquiring new behaviors through observation and imitation of others, as proposed by Albert Bandura.

Classical Conditioning

The procedure of learning through establishing connections between a stimulus from the surroundings and one that occurs naturally.