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:

Collateralized Borrowing

Borrowing funds while providing assets as security or collateral for the loan in case of default.

Restructuring Gain

Income or positive financial impact resulting from alterations made to a company’s operations, structure, or strategy aimed at improving efficiency or reducing costs.

Receivable

Money owed to a company by its customers or clients for goods or services provided on credit.

State Bank

A financial institution that is chartered by a state government, as opposed to a national or federal charter.