Which of the Following Is True of Individuals with an External

question 3

Multiple Choice

Which of the following is true of individuals with an external locus of control?

• A)They are more likely to be self-starters.
• B)They exhibit a personal responsibility to improve.
• C)They are more likely to demonstrate determination.
• D)They attribute life outcomes to forces beyond their command.

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Definitions:

Risk-Free Rate

The theoretical return on investment with no risk of financial loss, typically represented by the yield on government securities.

Certainty Equivalent Approach

The Certainty Equivalent Approach is a method used in finance to evaluate investments by adjusting uncertain future cash flows to their guaranteed amounts.

Capital Budgeting

The process of allocating resources for significant investments or projects in a company, assessing their potential financial returns and risks.

Opportunity Costs

The cost of choosing one option instead of the next best alternative, representing the benefits missed out on.