Because of Slowing Sales, Arm & Hammer Started Promoting Innovative

question 98

Multiple Choice

Because of slowing sales, Arm & Hammer started promoting innovative uses for its baking soda. By searching for new market opportunities, the manufacturer of Arm & Hammer is using which type of adaptive strategy?

• A) defending
• B) cost leading
• C) analyzing
• D) reacting
• E) prospecting

Identify the similarities and differences between positive reinforcement and negative reinforcement.

Understand the principles and applications of operant conditioning.

Differentiate between stimulus generalization and discrimination.

Identify and explain the concepts of positive and negative reinforcement.

---

Definitions:

Inefficiencies

Situations or processes that waste resources, resulting in lower productivity or effectiveness than potentially achievable.

Public Choice Theory

The economic analysis of government decision making, politics, and elections.

Government Decision Making

The process by which officials of a government choose options and take actions affecting the country or a section of its population.

Collective Economics

Practices and principles that focus on the management and optimization of resources for the benefit of a community or group rather than individuals.