People with an External Locus of Control Tend to Be

question 107

Multiple Choice

People with an external locus of control tend to be more satisfied with _____ leadership styles.

• A)achievement-oriented and directive
• B)participative and directive
• C)directive and supportive
• D)supportive and achievement-oriented
• E)supportive and participative

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Definitions:

Factoring Fee

A charge assessed by a factoring company for providing cash advances to businesses by purchasing their accounts receivable at a discount.

Accounts Receivable

Outstanding payments due to a firm from its clients for delivered services or products yet to be settled.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

Credit Sales

Sales in which revenue is recognized at the point of sale but payment is deferred.