Chapter 5

Self-efficacy is important in order to succeed in the business world today because self-efficacy is "a person’s belief about his or her chances to successfully accomplishing a specific project." This concept is extremely important because we live in a world that is fast moving and requires everyone to work harder always push themselves to their limits in order to succeed. As students, we experience self-efficacy because we are constantly challenging ourselves with difficult tasks and keeping ourselves motivated. Students will push themselves and give their greatest effort in order to meet their commitments and if they fail in a task, they will assume all the responsibility, rather than blaming external factors.