Final answer:
The term for examining and evaluating one's life is introspection, a key component in career development and fostering self-awareness, allowing for informed decision-making and personal growth.
Step-by-step explanation:
The term for the process by which people examine and evaluate their lives is b) Introspection. Introspection involves looking inward to examine one's own thoughts, feelings, and motivations. It is a form of reflection and self-assessment that can be an ongoing, lifelong process. By engaging in introspection, individuals can understand themselves better and make informed decisions about their careers and personal lives.
Understanding the importance of introspection is vital in career development and planning. It promotes self-awareness, allowing individuals to craft their own definition of career success, recognize personal characteristics that influence career choices, and develop action steps in alignment with their career vision. It is also essential in fostering a strong sense of self-efficacy and congruence between one's beliefs and actions.
Self-discovery through introspection also highlights the importance of congruence, where an individual's actions are aligned with their self-concept. Moreover, the ability to regulate oneself, or self-regulation, is crucial in successful career planning and execution.