"It Was Really Nothing

question 99

True/False

"It was really nothing.These things happen to me because I happen to be in the right place at the right time." This statement suggests an external locus of control.

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Definitions:

Oligopoly

A market structure characterized by a small number of firms dominating the market, leading to limited competition.

Secondary Labour Market

Refers to jobs characterized by low pay, job insecurity, limited career prospects, and minimal benefits, often contrasted with the 'primary' market which offers better employment conditions.

Interlocking Directorates

Are formed when an individual sits on the board of directors of two or more non-competing companies.

Conglomerates

Are large corporations that operate in several industries at the same time.