Why is perseverance important for an entrepreneur?
Answer and explanation
Correct answer: Because effort must continue even after failure
Perseverance is the willingness to continue purposeful effort when progress is slow, obstacles arise, or an initial attempt fails. It should be combined with learning, feedback, and changes in strategy; repeating the same mistake blindly is not perseverance. Business does not always succeed at the first attempt, and perseverance does not replace planning or customer contact. Hence, A is correct.
Frequently asked questions
What is the correct answer to this question?
Because effort must continue even after failure
Why is this the correct answer?
Perseverance is the willingness to continue purposeful effort when progress is slow, obstacles arise, or an initial attempt fails. It should be combined with learning, feedback, and changes in strategy; repeating the same mistake blindly is not perseverance. Business does not always succeed at the first attempt, and perseverance does not replace planning or customer contact. Hence, A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
