Why is patience necessary for an entrepreneur?
Answer and explanation
Correct answer: Because business results and success may take time
After starting an enterprise, building a customer base, increasing sales and earning profit often take time. Therefore, an entrepreneur needs to keep making steady efforts without becoming discouraged by difficulties or delayed results. Ignoring customer feedback is not patience; it is poor business practice. Exam tip: associate patience with sustained effort and the ability to accept delayed results.
Frequently asked questions
What is the correct answer to this question?
Because business results and success may take time
Why is this the correct answer?
After starting an enterprise, building a customer base, increasing sales and earning profit often take time. Therefore, an entrepreneur needs to keep making steady efforts without becoming discouraged by difficulties or delayed results. Ignoring customer feedback is not patience; it is poor business practice. Exam tip: associate patience with sustained effort and the ability to accept delayed results.
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.
