With the Information from External Environment and Internal Competence Analysis,?managers

question 16

Essay

With the information from external environment and internal competence analysis,?managers can summarize the conclusions using a SWOT analysis.What is a SWOT analysis?

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Definitions:

Secondary Reinforcer

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

Primary Reinforcer

A naturally reinforcing stimulus, such as food or water, that does not require learning to become desirable.

Partial Reinforcement Extinction Effect

A phenomenon where behaviors reinforced intermittently are more resistant to extinction than behaviors reinforced continuously.

Disequilibrium Principle

A concept in economics and game theory where participants' strategies are not in perfect balance, leading to changing strategies over time.