What is the correct meaning of perseverance for an entrepreneur?
Answer and explanation
Correct answer: Continuing efforts wisely even after difficulty
Perseverance means continuing toward a worthwhile goal despite setbacks while reviewing results and making sensible adjustments. It is not blind stubbornness. Repeating the same mistake, refusing every plan change, or rejecting all advice shows inflexibility rather than perseverance. A persistent entrepreneur learns, adapts, and improves the method.
Frequently asked questions
What is the correct answer to this question?
Continuing efforts wisely even after difficulty
Why is this the correct answer?
Perseverance means continuing toward a worthwhile goal despite setbacks while reviewing results and making sensible adjustments. It is not blind stubbornness. Repeating the same mistake, refusing every plan change, or rejecting all advice shows inflexibility rather than perseverance. A persistent entrepreneur learns, adapts, and improves the method.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
