Anika has a car manufacturing unit that is running at a loss. She believes that the economic crisis and her poor luck are the reasons for the decline of her business. Which of the following traits does this imply that Anika has?a.Low risk-taking ability.b.High internal locus of control.c.High external locus of control.d.High risk-taking ability.
Question
Anika has a car manufacturing unit that is running at a loss. She believes that the economic crisis and her poor luck are the reasons for the decline of her business. Which of the following traits does this imply that Anika has?a.Low risk-taking ability.b.High internal locus of control.c.High external locus of control.d.High risk-taking ability.
Solution
This implies that Anika has c. High external locus of control.
Here's a step-by-step explanation:
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Locus of control is a psychological concept that refers to how strongly people believe they have control over the situations and experiences that affect their lives.
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If Anika believes that external factors such as an economic crisis and luck are the reasons for her business decline, this suggests she has a high external locus of control.
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A person with a high external locus of control believes that external factors, rather than their own efforts, determine the outcomes in their life. They tend to attribute outcomes to luck, chance, or uncontrollable circumstances.
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This is in contrast to a high internal locus of control, where a person believes they can influence events and their outcomes through their own efforts and actions.
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This concept does not directly relate to risk-taking ability, which refers to a person's willingness to take risks. Anika's belief about the cause of her business decline does not provide information about her risk-taking ability.
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