We Pick Up Phones That Are Ringing, but Rarely Answer

question 118

Multiple Choice

We pick up phones that are ringing, but rarely answer phones that are silent; and we go when the light is green, not when it is red.These are examples of

• A)stimulus generalization.
• B)operant extinction.
• C)stimulus control.
• D)resistance to extinction.

Realize the importance of planning at strategic, tactical, and operational levels in achieving organizational objectives.

Appreciate the role of organizing in structuring work and the impact of ethical decisions in business.

Understand the basic concepts and processes of classical conditioning.

Recognize the application of classical conditioning in real-world scenarios.

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Definitions:

Economic Costs

The total cost of choosing one action over another, including both explicit costs and opportunity costs.

Accounting Costs

Costs that are recognized in the financial statements and involve actual cash flow, such as salaries, rent, and materials.

Implicit Costs

Costs that are not directly paid out or incurred in money but represent the opportunity cost of using resources owned by the firm for its own production instead of renting them out or selling.

Explicit Costs

Direct, out-of-pocket payments made by a business for resources and services used in production.