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An entrepreneur is highly attached to an idea but market data shows weak demand. Which quality will help most in making the right decision?

Answer and explanation

Correct answer: Objectivity

Objectivity allows the entrepreneur to judge the idea using evidence rather than personal attachment. Weak demand data should lead to testing, modification, postponement, or withdrawal after proper analysis. Perseverance can be useful only when guided by evidence; ego and ignoring risk would make the decision less reliable.

Related tags

ObjectivityMarket DataQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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