Industries Generally Go Through Life Cycles Similar to the Human

question 92

True/False

Industries generally go through life cycles similar to the human life cycle⎯in the first years of an industry's life growth is substantial,yet operations are somewhat unstable,while in its later years,the industry has attained greater stability,but growth slows and perhaps even declines.

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Definitions:

Positive Reinforcement

An increase in future behavior due to the addition of a stimulus immediately following a response.

Good Grades

Academic scores or evaluations indicating a high level of competence or mastery in the subject matter being assessed.

Primary Reinforcer

An innately satisfying stimulus, such as food or drink, which does not require learning to become pleasurable.

Secondary Reinforcer

A stimulus that gains its reinforcing properties through association with a primary reinforcer.