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If Managers Want to Increase ROI,an Increase in Sales Revenue

question 38

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If managers want to increase ROI,an increase in sales revenue will increase

Understand the concept of intermittent reinforcement and its impact on behavior extinction.
Explain the use of conditioned (secondary) reinforcers in complex learning and behavior modification.
Understand the concepts of positive and negative reinforcements and punishments.
Recognize the effects and limitations of using punishment as a behavioral modification strategy.

Definitions:

Sherman Act

An 1890 United States antitrust law that outlaws monopolistic practices and promotes competition.

Price-fixing

An illegal agreement among competitors to set prices at a certain level, rather than competing naturally in the market.

Tying Contracts

Agreements where the sale of one product (the tying product) is conditioned on the buyer purchasing another product (the tied product).

Antitrust Laws

Legislation aimed at preventing anti-competitive practices, monopolies, and to promote fair competition for the benefit of consumers.

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