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If an entrepreneur adopts a new method after a failed plan, which quality is shown?

Answer and explanation

Correct answer: Resilience

Answer: A. Resilience is the ability to respond constructively to difficulty, learn from what did not work and continue with a better plan. In the example, the entrepreneur does not simply repeat the failed method or abandon the enterprise. Instead, the entrepreneur studies the failure, changes the approach and tries again. A is correct because this shows persistence combined with adaptation. B is wrong because adopting a new method is the opposite of giving up completely. C is wrong because the entrepreneur is paying attention to the problem and taking action. D is wrong because changing the method shows continued involvement in work, not avoidance. Resilience does not mean ignoring failure; it means using the experience to improve future decisions. Memory cue: failure plus learning plus another effort equals resilience.

Related tags

Home ScienceEntrepreneurshipResilienceLearning From FailureEntrepreneurship: Definition And CharacteristicsEntrepreneurship Definition And CharacteristicsWorkLivelihood And CareerWork Livelihood And Career

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