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An entrepreneur changed a failing plan after examining evidence instead of continuing it stubbornly. Which balanced quality is shown?

Answer and explanation

Correct answer: Perseverance with adaptability

Perseverance means remaining committed to a worthwhile objective, not blindly repeating an unsuccessful method. Adaptability allows the entrepreneur to change the plan when evidence shows that it is failing. This combination supports learning and progress. Overconfidence, indecision, and fear do not explain a timely evidence-based change.

Related tags

PerseveranceAdaptabilityQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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