Use the Following to Answer Questions

question 16

Multiple Choice

Use the following to answer questions:
Figure: Market for Bathroom Cleaner
-(Figure: Market for Bathroom Cleaner) Refer to the figure. The figure shows a market for cans of a bathroom cleaner that causes environmental damage, imposing costs on people other than the consumers and producers of the cleaner. What is the external cost of the bathroom cleaner?

• A) $6
• B) $9
• C) $12
• D) $3

Recognize the importance of flexibility and adaptability in planning to address unforeseen challenges.

Understand the concept of qualitative and quantitative forecasting in business planning.

Recognize the different types of plans (strategic, tactical, operational, and contingency) and their roles in implementing a business strategy.

Understand the importance and function of policies and procedures in organizational operations.

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Definitions:

Instinctive Drift

The phenomenon where an animal's learned behavior reverts to its innate behaviors, overriding conditioned responses.

Behavior Modification

A psychological treatment method that alters undesirable behaviors through rewards, punishments, or other strategies.

Tokens

Symbolic, often physical, items used in a token economy system to reward desirable behavior and which can be exchanged for other rewards.

Biofeedback

The use of sensitive equipment to give people precise feedback about internal physiological processes so that they can learn, with practice, to exercise control over them.