Describe How a Friend with an External Locus of Control

question 57

Not Answered

Describe how a friend with an external locus of control approaches a specific stressful situation.Identify how someone with an internal locus of control approaches a specific stressful situation.What are the consequences of these two different approaches for the two individuals described? What life experiences might have contributed to their external or internal approaches to their specific situations?

---

Definitions:

Fixed Cost

A cost that does not change with the volume of sales.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and loan payments.

Variable Costs

Costs that vary directly with the level of production or sales, such as materials and labor.

Net Income

The amount of money left over after all expenses and taxes have been subtracted from total revenue.