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Two Million Years Ago, the First Stone Tools Enabled Our

question 13

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Two million years ago, the first stone tools enabled our ancestors to:

Recognize the role of managers in shaping desirable behaviors through reinforcement and understanding of behavioral changes.
Identify the subjective nature of labeling behaviors as desirable or undesirable within an organization.
Understand the permanence of learned behavior changes resulting from practice or experience.
Recognize the difference between reinforcement and reward and their implications in reinforcement theory.

Definitions:

MPS

Marginal Propensity to Save, which is the fraction of an increase in income that is not spent on an increase in consumption.

Disposable Income

Funds that households can direct towards their saving and spending ambitions after income taxes are accounted for.

Consumption

The portion of income spent on goods and services rather than saved.

Billion

A number equivalent to one thousand million (1,000,000,000) or, in some number systems, a million million (1,000,000,000,000).

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