Which of the Following Is Usually NOT a Factor That

question 70

Multiple Choice

Which of the following is usually NOT a factor that must be considered when estimating the revenues and costs arising from a new product?

• A)The cost of capital tends to fluctuate over the period in question.
• B)The prices of technology products generally fall over time.
• C)Competition tends to reduce profit margins over time in most industries.
• D)Sales of a new product will typically accelerate, plateau, and ultimately decline over time.

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Definitions:

ERG Theory

A need-based theory of motivation proposed by Clayton Alderfer, ERG theory involves three rather than five levels of needs, and also allows for someone to regress from a higher-level need to a lower-level need.

Ratio Schedules

Are partial reinforcement schedules in which behavior is reinforced as a function of how many times the behavior occurs—for example, rewarding someone every fifth time a desired behavior occurs.

Continuous Schedules

Work schedules or production plans that operate non-stop, typically 24 hours a day, often applied in industries that require constant operation.

Extinction

Also a term from reinforcement theory, extinction refers to the situation in which a behavior is followed by no consequences and eventually disappears.