When Comparing Laboratory Experiments with Field Experiments,field Experiments Offer an Advantage

question 1

Multiple Choice

When comparing laboratory experiments with field experiments,field experiments offer an advantage over laboratory experiments in terms of

• A) internal validity
• B) external validity
• C) costs
• D) speed

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Definitions:

Business World

The global environment comprising all fields of commerce and trade, where businesses operate and interact.

Internal Locus of Control

The belief that one's actions and decisions directly affect the outcomes and successes in their life, as opposed to external forces.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise.

People in General

refers to the overarching category of individuals or groups without specifying demographics, characteristics, or specifics.