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What Is the Self-Fulfilling Prophecy? How Does It Affect One's

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Essay

What is the self-fulfilling prophecy? How does it affect one's performance? Is there connection between potential and expectation of performance?


Definitions:

External Users

Individuals or entities outside a company who use financial information to make decisions about the company, such as investors, creditors, and regulatory agencies.

Internal Users

Individuals within an organization, such as management and employees, who use financial information to make decisions regarding the operation of the company.

Ethical Violations

Ethical violations refer to actions or behavior that breach established codes of conduct or morality within a particular profession or community.

Relevance

The characteristic of financial information that makes it capable of influencing the decision-making process by helping users evaluate past, present, or future events.

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