Learning Curves Can Be Used to Establish Budgets

question 110

True/False

Learning curves can be used to establish budgets.

---

Definitions:

External

Refers to factors, influences, or stimuli that originate outside of an individual.

Locus of Control

Refers to an individual's belief system regarding the causes of his or her experiences, and the factors to which that person attributes success or failure.

Native Americans

The indigenous peoples of the United States, including both Native American tribes and Alaska Natives.

External Factors

Elements outside an individual that can influence their behavior, decisions, and well-being, such as the environment, social interactions, and cultural norms.