Kulwicki Corporation Wants to Determine the Effect of an Expansion

question 17

Multiple Choice

Kulwicki Corporation wants to determine the effect of an expansion of its sales on its operating income (EBIT) .The firm's current degree of operating leverage is 2.50.It projects new unit sales to be 170,000,an increase of 45,000 over last year's level of 125,000 units.Last year's EBIT was $60,000.Based on a degree of operating leverage of 2.5,what is this year's expected EBIT with the increase in sales?

• A)$ 92,854
• B)$ 97,741
• C)$102,885
• D)$108,300
• E)$114,000

Explain the significance of latent learning and its demonstration in behavior.

Understand the definition and key characteristics of learning.

Identify the major theorists associated with learning theories, such as Thorndike, Pavlov, and Skinner.

Recognize the role of stimuli and responses in classical conditioning.

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Definitions:

Skinner

An American psychologist and behaviorist known for his development of the theory of operant conditioning.

Contingency Theory

A theory in organizational behavior that suggests the effectiveness of leadership depends on the situation at hand and how certain factors affect the situation's outcome.

Social Learning

The process of acquiring new behaviors through observation and imitation of others, as proposed by Albert Bandura.

Classical Conditioning

The procedure of learning through establishing connections between a stimulus from the surroundings and one that occurs naturally.