In the context of management, what is meant by locus of control?

Prepare for the Fundamentals of Success in Business Exam. Study with comprehensive flashcards and multiple-choice questions featuring hints and explanations. Pass your exam with confidence!

Locus of control refers to the degree to which individuals believe they can influence events that affect them. When someone has an internal locus of control, they believe that their actions significantly impact outcomes, suggesting a sense of empowerment and accountability over their circumstances. This perspective encourages proactive behavior and responsibility for one’s decisions and actions.

In a management context, fostering an internal locus of control among employees can lead to greater job satisfaction, motivation, and performance, as they feel more in control of their work and the results they can achieve. Management practices that support this belief may include providing employees with autonomy, setting clear goals, and offering feedback on their performance, thereby reinforcing the idea that their efforts make a difference.

The other options, while relevant to different aspects of management and employee behavior, do not align with the definition of locus of control. Focusing on external factors (A) refers to an external locus of control, which is the opposite of what is being described. A system of checking managerial performance (C) pertains to evaluation rather than to individual beliefs about control. Assessment of employee attitudes towards work (D) addresses general sentiments and perceptions rather than focused beliefs about control and influence.

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