What is the most accurate meaning of persistence in entrepreneurship?
Answer and explanation
Correct answer: Continuing efforts after learning from failure
Persistence means continuing purposeful effort despite difficulties, while learning and adapting from results. It is not blind repetition: the entrepreneur should identify what failed, change the approach, and keep working toward a meaningful goal. Blaming others, working without direction, or ignoring feedback prevents learning. Thus, option A gives the accurate entrepreneurial meaning.
Frequently asked questions
What is the correct answer to this question?
Continuing efforts after learning from failure
Why is this the correct answer?
Persistence means continuing purposeful effort despite difficulties, while learning and adapting from results. It is not blind repetition: the entrepreneur should identify what failed, change the approach, and keep working toward a meaningful goal. Blaming others, working without direction, or ignoring feedback prevents learning. Thus, option A gives the accurate entrepreneurial meaning.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
