Value Creation Refers to the Operation Through Which a Business

question 142

True/False

Value creation refers to the operation through which a business or non-profit organization can add value to the original cost of resource inputs while the business organization earns a profit or the non-profit organization adds wealth to society.

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Definitions:

Unconditional Statement

A statement that is absolute and does not depend on any conditions or variables for its validity.

Stimulus

Any event or situation that evokes a response from an organism.

Discriminated Variable

A specific feature or cue in the environment that signals the availability of reinforcement or punishment, guiding behavior accordingly.

Consequence

The outcome or result of an action, often considered in terms of its effects or impacts.