A Company's Business Strategy Sets the Broad Guidelines for What

question 48

True/False

A company's business strategy sets the broad guidelines for what the company will be doing for the near future (the next 6 to 18 months),the mid-range future (the next 2 to 5 years),and the distant future (5 or more years from the present).

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Definitions:

Spontaneous Recovery

The reappearance, after a pause, of an extinguished conditioned response in classical conditioning.

Extinction

In behavioral psychology, the process by which a conditioned response decreases in frequency and eventually disappears when the conditioned stimulus is no longer paired with the unconditioned stimulus.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired: a response which is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

CS

Short for Conditioned Stimulus, it is a previously neutral stimulus that, after association with an unconditioned stimulus, comes to trigger a conditioned response.