Final answer:
Self-efficacy is the belief that one can master a situation and produce positive outcomes. It involves confidence in one's own abilities and influences how challenges are approached and goals are set.
Step-by-step explanation:
The belief that one can master a situation and produce positive outcomes is known as self-efficacy. Self-efficacy is the level of confidence in your own abilities to handle various situations. This concept was defined by psychologist Albert Bandura, and it plays a significant role in determining how individuals approach challenges, set goals, and persist in the face of adversity. People with high self-efficacy believe their goals are attainable and view challenges as tasks to be mastered.
They tend to have a deep interest in activities they are involved in and recover from setbacks more swiftly. In contrast, those with low self-efficacy may avoid challenging tasks and focus more on potential failures.