"He Could Do It If He Wanted To

question 88

Multiple Choice

"He could do it if he wanted to. He just doesn't like that part of his job, that's all." A statement like this from a supervisor indicates ________.

• A) locus of control error
• B) the horn effect
• C) a halo effect
• D) a fundamental attribution error

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Definitions:

Margin Of Safety

The difference between actual or expected sales and the breakeven sales, indicating how much sales can decrease before a company incurs a loss.

Volume Of Sales

The total number of goods or services sold within a specific time frame, measuring the output of a business' activities.

Break-even Point

The break-even point is the level of production or sales at which a business's total revenues equal its total expenses, resulting in no net profit or loss.

Break-even Point

The point at which total revenues equal total costs, and the business makes neither a profit nor a loss.