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JMcVicker Hunt Began a Training Program for Caregivers in an Iranian

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J.McVicker Hunt began a training program for caregivers in an Iranian orphanage.This program trained caregivers to:

Understand the importance of reinforcement schedules in learning new behaviors.
Analyze the role of influence tactics in managerial effectiveness.
Recognize the concept of power in organizational relationships and its different sources.
Understand the basis and impact of leadership theories, including path-goal and behaviorism.

Definitions:

Effective Annual Rate

The real interest rate on an investment or loan, considering the effects of compounding over a year.

Effective Annual Rate

The yield on a loan or investment taking into account the impact of compounding throughout a year.

Compounded

In finance, referring to the process where interest is calculated on the initial principal and also on the accumulated interest from previous periods.

Stated Interest

The annual interest rate declared on a financial instrument, such as a loan or bond, not accounting for compounding or fees.

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