Individuals with an Internal Locus of Control

question 9

Multiple Choice

Individuals with an internal locus of control

• A)have an inclination to change the status quo.
• B)believe that what happens to them is their own doing.
• C)understand what the situation demands and act accordingly.
• D)feel that things happen to them because of luck.

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Definitions:

Competitive Advantage

Describes a condition or circumstance that puts a company in a favorable or superior business position compared to its competitors, often due to unique resources, capabilities, or strategies.

Competitive Advantage

The unique attributes or circumstances that enable a company to outperform its competitors.

Advantages

Advantages refer to beneficial aspects or competitive edges that one person, group, product, or service has over comparable ones.

Areas of Competition

Pertains to the specific sectors or markets where businesses vie for dominance or market share.