According to E.C.Tolman

question 62

Multiple Choice

According to E.C.Tolman,

• A)people learn by observing others' behavior.
• B)punishment increases undesirable behavior.
• C)behavior is goal-directed.
• D)reinforcement is ineffective.

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Definitions:

Merchandising Company

A business that purchases finished goods for the purpose of resale without further processing.

Credit Sales

Sales made on credit, where payment is received after the goods or services are delivered.

Gross Profit

The difference between revenue and the cost of goods sold, indicating the efficiency of a company in producing and selling its products.

Operating Expenses

Costs associated with the day-to-day functioning of a business, such as rent, utilities, payroll, and materials, excluding the cost of goods sold.