Target Exam

CUET

Subject

Business Studies

Chapter

Entrepreneurship Development

Question:

According to EDI, persistence refers to :

Options:

Concern for conservation of time, money and effort

Taking personal pains to complete a task as scheduled

Striving continuously until success is achieved

Observing the symptoms, diagnosing and curing

Correct Answer:

Striving continuously until success is achieved

Explanation:

The correct answer is option (3)- Striving continuously until success is achieved.

According to EDI, persistence refers to Striving continuously until success is achieved.

Persistence: A ‘never say die’ attitude, not giving up easily, striving continuously until success is achieved.

Striving continuously until success is achieved: This definition reflects the idea that persistence in entrepreneurship means continuously working towards one's goals, even when faced with obstacles or failures. Entrepreneurs often encounter challenges and setbacks, and it is their ability to persevere and keep striving for success that sets them apart. This definition underscores the importance of determination and continuous effort in the entrepreneurial journey, which is a key characteristic encouraged by Entrepreneurship Development Institute (EDI) to foster successful entrepreneurship.

 

OTHER OPTIONS

  • Concern for conservation of time, money and effort- Efficiency Orientation.
  • Taking personal pains to complete a task as scheduled- Commitment to Work Contract
  • Observing the symptoms, diagnosing and curing- Problem-solving