Goal-Setting Theory Assumes That an Individual Is Committed to the Goal

question 100

Multiple Choice

Goal-setting theory assumes that an individual is committed to the goal. Commitment is most likely when ________.

• A) goals are assigned and not self-set
• B) goals are not made public
• C) the individual has an internal locus of control
• D) the individual has low self-efficacy

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Definitions:

Income Elasticity

A measure of how much the quantity demanded of a good responds to a change in consumers' incomes.

Monthly Income

The total amount of income or earnings received by an individual or household in one month, including wages, salaries, benefits, and other sources.

Food

Nutritious substances that people or animals eat or drink to maintain life and growth.

Relatively Elastic

Describes a situation where a small change in price leads to a larger change in quantity demanded or supplied.