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During rising demand, an entrepreneur increases production only after identifying weak links in the supply chain. Which quality does this show?

Answer and explanation

Correct answer: Prudent foresight

The entrepreneur recognises the opportunity created by higher demand but checks possible bottlenecks before expanding. This combines forward planning with caution: a shortage of materials, transport or supplier capacity could otherwise cause delays and poor quality. That is prudent foresight. It is not merely confidence or punctuality, and checking risks does not automatically mean excessive control.

Related tags

ForesightSupply-ChainExpansionQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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