Incoterms Are Developed and Maintained By

question 21

Multiple Choice

Incoterms are developed and maintained by:

• A) the U.S. Chamber of Commerce.
• B) the International Chamber of Commerce.
• C) the WTO.
• D) the UN.
• E) a committee of major global companies.

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Definitions:

Outcome Expectations

The beliefs that carrying out a specific behavior will lead to valued outcomes.

Operant Conditioning

An educational method where the intensity of an action is altered through rewards or penalties.

Positive Punishment

A method of behavior modification that involves the addition of an aversive stimulus in order to decrease a certain behavior.

Negative Punishment

A behavior modification technique where something desirable is removed following an undesired behavior, with the intention of decreasing that behavior.