The Theory That a Business Firm Is a Collection of Individual

question 27

Multiple Choice

The theory that a business firm is a collection of individual owners who bind themselves together to share profits is known as _____

• A)entity theory
• B)aggregate theory
• C)concession theory
• D)conduit theory
• E)appropriation theory

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Definitions:

Exposure and Response Prevention

A cognitive-behavioral therapy technique used primarily for treating obsessive-compulsive disorder (OCD) where the patient is exposed to their fear and taught to refrain from their usual response to reduce anxiety.

Neutralizing

In a psychological context, neutralizing refers to strategies used to counteract or mitigate unwanted thoughts and anxieties.

Social Skills Training

A form of behavioral therapy used to improve interpersonal skills through teaching and practice.