Identify from the options given below, the competency of an entrepreneur, which focuses on "observing the symptoms, diagnosing and curing".
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Problem-solving
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The competency of problem-solving refers to the ability of an entrepreneur to observe symptoms, identify the root cause (diagnosing), and take corrective actions (curing).
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Self-confidence → Belief in one’s abilities.
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Persistence → Continued effort despite obstacles.
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Assertiveness → Ability to stand firm on decisions and express oneself strongly.