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What is the correct difference between confidence and overconfidence for an entrepreneur?

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Answer and explanation

Correct answer: आत्मविश्वास तैयारी पर आधारित है, अति आत्मविश्वास बिना जांच के भरोसा है

Healthy confidence is based on preparation, relevant information, skills, and a realistic assessment of strengths and limitations. Overconfidence leads a person to ignore evidence, underestimate risks, or assume success without adequate checking. Confidence can support action, but it must remain open to feedback and revision; otherwise it becomes harmful overconfidence.

Tags

confidencedecision-makingEntrepreneurship DevelopmentMSME and Business EntrepreneurshipBusiness StudiesClass 11 MCQ

Frequently asked questions

What is the correct answer to this question?

आत्मविश्वास तैयारी पर आधारित है, अति आत्मविश्वास बिना जांच के भरोसा है

Why is this the correct answer?

Healthy confidence is based on preparation, relevant information, skills, and a realistic assessment of strengths and limitations. Overconfidence leads a person to ignore evidence, underestimate risks, or assume success without adequate checking. Confidence can support action, but it must remain open to feedback and revision; otherwise it becomes harmful overconfidence.

Which subject and chapter does this question cover?

This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.

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