ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The ability to come up with new ideas.
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The mental and physical drive to succeed, to accomplish chosen tasks on your own terms.
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Never showing discouragement, always thinking of new ways to approach a problem and acting on your ideas.
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The expertise to produce the goods and services of your business.
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Detailed explanation-1: -Example Sentences He admired her dogged persistence in pursuing the job. His persistence in asking for a raise was finally rewarded. She has shown a lot of persistence.
Detailed explanation-2: -Persistence refers to how long you are able and willing to stick to a task, even when it is challenging. Some individuals are willing to keep working at something, even when they run into roadblocks along the way. Other people may be more willing to drop a task that is difficult and move on to something else.
Detailed explanation-3: -For example, maybe you were working on the computer when the power went out and you lost all your work. Persistence would be the ability to get back on the computer and finish everything you lost.
Detailed explanation-4: -Persistence Defined Persistence is defined as “voluntary continuation of a goal-directed action in spite of obstacles, difficulties, or discouragement” (Peterson and Seligman, 2004, p. 229). Just as fear is a prerequisite for courage, challenge is a prerequisite for perseverance.