Damien Is a Programmer in a Software Firm

question 34

Multiple Choice

Damien is a programmer in a software firm. He has recently received a promotion and an annual bonus. He believes that this is a result of random luck as he does not work very hard.Damien has _____.

• A)an external locus of control
• B)a low tolerance for failure
• C)learned optimism
• D)entrepreneurial self-reliance

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Definitions:

Auction Market

A marketplace where buyers and sellers enter bids and offers simultaneously; prices are determined through direct interaction of supply and demand.

Dealer Market

A financial market mechanism in which dealers buy and sell securities for their own accounts.

Money Market

A segment of the financial market where short-term financial instruments with high liquidity are traded.

Agency Costs

Expenses incurred from conflicts of interest between stakeholders and management, including monitoring and structuring costs.