Firms That Compete in the Global Marketplace Typically Face Two

question 50

Multiple Choice

Firms that compete in the global marketplace typically face two types of competitive pressures: pressures for _____ and pressures to _____.

• A)increasing investment;minimize plant utilization
• B)labor skill enhancement;globalize
• C)cost reductions;be locally responsive
• D)global promotions;move up the experience curve

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Definitions:

Reinforcer

Any stimulus that strengthens or increases the probability of a specific response or behavior by providing a consequence an individual finds rewarding.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, influencing the likelihood of that behavior being repeated.

Pavlovian Conditioning

A form of learning in which a neutral stimulus comes to elicit a response after being paired with a stimulus that naturally brings about that response.

Classical Conditioning

A conditioning technique where, through recurrent pairing of two stimuli, a reaction initially caused by the second stimulus is eventually caused by the first stimulus alone.