The Consumer Belief That Fate or Other External Factors Control

question 101

Multiple Choice

The consumer belief that fate or other external factors control all outcomes is called a(n) :

• A)external locus of control.
• B)ritual-based pattern.
• C)external search for information.
• D)internal locus of control.
• E)internal search for information.

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Definitions:

Falsely Claimed

Statements or claims made untruthfully or deceitfully, often in legal or financial contexts to gain an advantage.

Financial Markets

Platforms or systems where financial securities and commodities are traded between buyers and sellers, facilitating the allocation of resources and distribution of risk.

Shift Consumption

Refers to changes in spending patterns of consumers typically resulting from economic factors, technological advances, or shifts in preferences.

Price Securities

Price securities involve determining the market value of financial instruments such as stocks, bonds, or derivatives based on supply and demand.