Four Pricing Practices Are Closely Scrutinized Because of Potential Unethical

question 272

Multiple Choice

Four pricing practices are closely scrutinized because of potential unethical or illegal actions. They include: (1) price fixing; (2) price discrimination; (3) predatory pricing; and (4) __________.

• A)price discounting
• B)deceptive pricing
• C)lateral price fixing
• D)regional rollbacks
• E)delayed payment penalties

---

Definitions:

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired; a response that is at first elicited by the second stimulus is eventually elicited by the first stimulus alone.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, emphasizing the influence of consequences on behavior.

Shaping

A method of operant conditioning by which successive approximations toward a desired behavior are reinforced.

Conditioned Stimulus

A stimulus that initially has no inherent value but acquires significance and the ability to elicit a response through its association with an unconditioned stimulus.