Hardiness is a personality characteristic that allows individuals to defend against the negative effects of stress. It consists of three components: a sense of control over one's life, a strong commitment to tasks or goals, and viewing challenges as opportunities for growth. Kobasa studied business executives and found those with high stress but low illness scored higher on hardiness traits than those with high stress and illness, suggesting hardiness helps defend against stress. However, the research relied on self-reports and could be affected by third variables like exercise of control to relax.