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Recently, back on January 31st, I received a grade of 70 percent on my first exam in finance. Although, I scored 10 points higher than the class average, I still believe that I can do better. So I have set a goal for myself to achieve at least an 80 percent or better on the second exam, which is scheduled for February 21st.
According to Casey Spieker and Verlin Hinsz, research shows that challenging and specific goals in conjunction with high self-efficacy lead to higher levels of task performance. The impact of repeated success and failure on personal goals and self-efficacy was examined. Undergraduate students initially participated in two-idea generation tasks in which they generated different uses for common objects, such as a knife, which provided them with opportunities to either succeed or fail in goal attainment...
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