Why is self-confidence important for an entrepreneur?
Answer and explanation
Correct answer: To make decisions and keep trying
Self-confidence helps an entrepreneur trust the ability to assess a situation, make a reasonable decision, communicate an idea, and continue effort when difficulties arise. It does not mean ignoring advice or believing that failure is impossible; sound confidence remains open to learning. Fear, quitting, or obstructing others are not useful effects. Thus, A is correct.
Frequently asked questions
What is the correct answer to this question?
To make decisions and keep trying
Why is this the correct answer?
Self-confidence helps an entrepreneur trust the ability to assess a situation, make a reasonable decision, communicate an idea, and continue effort when difficulties arise. It does not mean ignoring advice or believing that failure is impossible; sound confidence remains open to learning. Fear, quitting, or obstructing others are not useful effects. Thus, 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.
