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In General,having an External Locus of Control Is More Beneficial

question 12

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In general,having an external locus of control is more beneficial than having an internal locus of control with regard to job performance and stress.


Definitions:

Expected Return

The average return an investor anticipates receiving on an investment, considering all potential outcomes.

Expected Return

The potential return on an investment, taking into account both the probability of gains and the risk of loss.

Portfolio

A diversified collection of investments held by an individual or institution, including stocks, bonds, real estate, and other assets.

Cyclical Stock

A stock that's price is affected by macroeconomic or systematic changes in the overall economy, typically performing well during economic expansions and poorly during contractions.

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