Answer:
Companies must be prepared at all times to add to or adapt their product lines to satisfy the desires of customers for them to remain competitive.
Explanation:
One of the strategies companies to remain competitive is to adjust to the demand of customers. This will allow a company to retain current customers and win potential new customers.
Although this strategy may require additional fund but failure to adapt and add new product lines that satisfy wants of the customers can the company out of business.
Therefore, companies must be prepared to add to or adapt their product lines to satisfy customers' desires in order to remain competitive.
A bilateral is a formal agreement between two or more governments!
Paul and Micheal sell magazine subscriptions by telephone. Paul is paid $1.00 for every five calls he makes, while Mike is paid$1.00 for every subscription he sells, regardless of the number of calls he makes. Paul's telephoning is reinforced on a <u>fixed-interval</u> schedule, whereas Mike's is reinforced on a <u>variable-ratio</u> schedule.
<h3><u>What is a fixed-interval timetable?</u></h3>
The initial response is rewarded only after a predetermined period of time has passed in fixed-interval schedules. This schedule results in rapid responses near the end of the interval but slower responses right after the reinforcer are given. A fixed-interval (FI) schedule consists of two parts:
- It calls for the passage of a certain amount of time before reinforcement will be supplied in response to a response, and
- No response during the interval is reinforced; only the first response after the interval's completion is reinforced.
<h3><u /></h3><h3><u>What is the variable-ratio schedule?</u></h3>
A schedule of reinforcement known as a variable ratio schedule rewards a behavior after a predetermined number of responses. High, consistent response rates are the result of this type of timetable. Because they believe that the subsequent reaction might be the one they need to receive reinforcement, organisms are persistent in responding.
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According to the leader-member exchange theory, the individual worker is the situation, and therefore, each dyadic relationship will be somewhat different.
The leader-member exchange theory is a relationship-based approach to leadership theory that suggests leaders and members develop distinctive relationships. These relationships depend on their social give and take. The standard of these exchanges within an organization can heavily influence employee outcomes. This theory emphasizes the two-way relationship between leaders and followers.
The main motive of the leader-member exchange theory is to denote an explanation of the outcomes of leadership on members, organizations, and teams. This theory suggests that leaders do not treat every subordinate in the same way. In return, this treatment of the subordinates by their leader determines their work-related attitudes.
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