Sellers That Set a Target Price Have an Idea of the Amount

question 41

True/False

Sellers that set a target price have an idea of the amount of operating profit that they expect from setting that price.

---

Definitions:

Stimulus Generalization

In operant conditioning, the tendency for a response that has been reinforced (or punished) in the presence of one stimulus to occur (or be suppressed) in the presence of other similar stimuli.

Skills Training

In behavior therapy, an effort to teach the client skills that he or she may lack, as well as new constructive behaviors to replace self-defeating ones.

Modeling

The process of observing and imitating a specific behavior from others, often a mechanism of learning in social contexts.

Role-Playing

A method used in psychology and education where individuals assume roles and act them out in a controlled setting to explore behaviors, thoughts, and emotions.