High Fixed Costs Is a Factor in Which of the Five

question 46

Multiple Choice

High fixed costs is a factor in which of the five forces?

• A) Threat of entry
• B) Substitute products
• C) Jockeying for position
• D) Powerful suppliers

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Definitions:

Positive Reinforcement

A technique in behavior modification that involves rewarding a desirable behavior to increase the likelihood it will be repeated.

Negative Reinforcement

Removing an unpleasant or negatively valued stimulus from a situation, thereby strengthening the behavior that precedes this removal.

Intermittent Reinforcement

A conditioning schedule in which a reward is not given every time the desired response is performed, enhancing the response's resistance to extinction.

Peer Pressure

Influence exerted by a peer group, encouraging individuals to change their attitudes, values, or behaviors to conform to group norms.