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When entrepreneurs believe that their accomplishments and setbacks are within their own control and influence, they are exhibiting:

A. Locus of control
B. Resilience quotient
C. Adaptive entrepreneurship
D. Risk management orientation

User Adam Storr
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1 Answer

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Final answer:

Entrepreneurs who believe their accomplishments and setbacks are within their own control exhibit an internal locus of control, which is linked to better performance, independence, and resilience.

Step-by-step explanation:

When entrepreneurs believe that their accomplishments and setbacks are within their own control and influence, they are exhibiting what is known as an internal locus of control. This concept, introduced by Julian Rotter, pertains to the belief that individuals have the power to influence their own outcomes through their efforts and actions. In contrast to an external locus of control, where individuals might attribute their success or failure to outside forces such as luck or other people, those with an internal locus of control take responsibility for their successes and failures, often leading to better performance academically, higher career achievements, and greater independence.

Moreover, individuals with a high level of confidence in their abilities, or self-efficacy, tend to have a positive view of challenges, are committed to their goals, and recover quickly from setbacks. Both internal locus of control and self-efficacy are crucial factors that contribute to resilience and career success. Therefore, the answer to the question is A. Locus of control.

User Muzamil
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