Answer:
c) Rick has an external locus of control.
Explanation:
What can challenge Rick in his quest to become a successful entrepreneur is that he has an external locus of control, which occurs when an individual relates events related to their failures or successes to external variables that are not their responsibility, such as fate, luck or bad luck.
The external locus of control can pose a challenge for Rick in the sense that an entrepreneur's success is related to his own personal control and personal efforts to make the business viable and successful in the market. It is necessary for the entrepreneur to understand that there are risks inherent to the business and that a business can work according to their efforts, learning and planning, that is, the entrepreneur and their control and management actions will be responsible for the success or failure of the business, and not just external factors like fate or bad luck.
<u>Answer:</u> Inventory larceny scheme
<u>Explanation:</u>
Inventory of the firm is an asset which the employees mishandle by selling it to the third parties without the knowledge of the owner. Inventory larceny scheme means the employees takes the stock from the business and does not record the theft in the accounts of the business.
Ben Rogers and Dawn have involved themselves in Inventory larceny scheme where they take goods such as watches, fishing reels and sporting goods out of the inventory by selling it to third parties and make income for personal benefit.
