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Subjects

If an entrepreneur reviews a failed plan, which quality is shown?

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Answer and explanation

Correct answer: Learning and improvement attitude

Reviewing a failed plan shows that an entrepreneur wants to identify mistakes, learn from them, and make better decisions in the future. Therefore, the correct answer is a learning and improvement attitude. Escaping responsibility would mean avoiding the problem rather than reviewing it. Exam tip: In entrepreneurship, analysing failure, learning, and improving are positive qualities.

Tags

entrepreneurshiplearning from failurecontinuous improvementdecision makingentrepreneurial qualities

Frequently asked questions

What is the correct answer to this question?

Learning and improvement attitude

Why is this the correct answer?

Reviewing a failed plan shows that an entrepreneur wants to identify mistakes, learn from them, and make better decisions in the future. Therefore, the correct answer is a learning and improvement attitude. Escaping responsibility would mean avoiding the problem rather than reviewing it. Exam tip: In entrepreneurship, analysing failure, learning, and improving are positive qualities.

Which subject and chapter does this question cover?

This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Entrepreneurship: definition and characteristics.

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