Service Businesses Are the Fastest Growing Segment of Small-Business Enterprises

question 96

Multiple Choice

Service businesses are the fastest growing segment of small-business enterprises primarily because of

• A) low labor requirements.
• B) lack of owner commitment.
• C) favorable tax treatment.
• D) high market demand.
• E) size of initial capital investment required.

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Definitions:

Systematically Reward

The process of providing rewards or reinforcements in a planned and consistent manner to encourage specific behavior.

Classical Conditioning

The method by which learning occurs by associating a stimulus that originates in the environment with a naturally existing one.

Operant Conditioning

Operant Conditioning is a learning process through which the strength of a behavior is modified by reinforcement or punishment.

Reflexive Behaviour

Automatic, involuntary actions or responses to stimuli, that do not require conscious thought.