Forecasting Is Not a Function Which Contributes To

question 136

Multiple Choice

Forecasting is not a function which contributes to:

• A) deciding which business market to pursue
• B) deciding which product to produce
• C) deciding how bonuses should be allocated
• D) deciding how much inventory to carry
• E) deciding how many people to hire

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Definitions:

Behavior Modification

The use of reward and punishment to alter behavior, based on the principles of operant conditioning.

Behavior Frequency

The count of how often a specific behavior or action is performed over a set period of time.

Variable Ratio Schedule

A reinforcement schedule in which the number of responses required for a reward varies, often leading to high and steady rates of response.

Commission

A form of payment or an instruction to perform a particular task or service, often based on a percentage of sales made.