Asked by Tanner Lloyd on Jun 10, 2024

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Entrepreneurial self-efficacy is ______.

A) the belief that entrepreneurs have in their ability to begin new ventures
B) the belief that entrepreneurs are born,not made
C) the ability to efficiently maximize returns
D) the ability of entrepreneurs to be self-deprecating despite their successes

Entrepreneurial Self-efficacy

The belief in one's capability to organize and execute the courses of action required to manage prospective situations in entrepreneurship.

New Ventures

Refers to the start of new business activities, often associated with entrepreneurship and the creation of startups.

Belief

The acceptance that something exists or is true, especially without proof, forming the basis for actions and attitudes.

  • Understand the significance of attitude and belief in one's capabilities within the realm of entrepreneurship.
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OP
Oscar PanteJun 14, 2024
Final Answer :
A
Explanation :
Entrepreneurial self-efficacy is the belief that entrepreneurs have in their ability to begin new ventures. This belief plays a critical role in the decision to become an entrepreneur and the success of the venture.