The Ability to Transfer Previously Learned Knowledge or Skills Acquired

question 30

Multiple Choice

The ability to transfer previously learned knowledge or skills acquired in one setting to another set of circumstances or situation.

• A)generalizing
• B)external locus of control
• C)learned helplessness
• D)outer directedness

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Definitions:

Oligopolists

Firms or entities that are part of an oligopoly, a market structure characterized by a small number of large firms that have significant control over market prices and competition.

Patent

A legal document granted by the government giving an inventor exclusive rights to make, use, or sell an invention for a specified number of years.

Imitation

The act of copying or mimicking the products, services, or processes of competitors, often seen as a strategy to gain market share without incurring development costs.

Direct Imitation

The process of creating a product or service that closely mimics the features of an existing product or service.