The Belief That One Can Determine One's Own Internal States

question 46

Multiple Choice

The belief that one can determine one's own internal states and behavior, influence one's environment, and/or bring about desired outcomes is:

• A) optimism.
• B) personal control.
• C) self-efficacy.
• D) hardiness.

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Definitions:

Liability

The legal responsibility to settle debts or obligations, which may arise from contracts, torts, or statutory duties.

Management Duties

The responsibilities and tasks assigned to the management of an organization, including decision-making, planning, staffing, directing, and controlling.

Limited Partners

Individuals in a partnership who invest money but are not involved in day-to-day management, and whose liability is limited to the amount of their investment.

General Partnership

A business structure where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a venture.