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Which is the correct example of an entrepreneur’s perseverance?

Answer and explanation

Correct answer: Learning from failure and trying again

Perseverance means continuing to work toward a goal despite difficulties, delays or an initial failure. A persevering entrepreneur studies what went wrong, learns from feedback, changes the plan when needed and makes another serious attempt. This does not mean repeating the same mistake without thought. Options A, B and C describe giving up or avoiding responsibility, so they do not demonstrate perseverance.

Related tags

PerseveranceEntrepreneurial-QualityIntroduction To EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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