Examlex
How does a firm engage in issues management? What is the benefit of issues management?
Locus of Control
Locus of control is a psychological concept referring to an individual's belief about the extent to which their actions can influence outcomes, divided into internal and external loci of control.
External
pertains to factors, conditions, or influences that exist outside of an individual, group, or organization which can impact performance, outcomes, or decision-making.
Fate
A predetermined course of events often considered inevitable or outside human control.
Risk-taking Propensity
An individual's tendency or willingness to take risks or engage in behaviors that could lead to significant gains or losses.
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