Question

An entrepreneurs who are decisive, tenacious, disciplined and who are willing to sacrifice are examples of which characteristic of successful entrepreneurs?

A.Leadership
B.Commitment and determination
C.Opportunity obsession
D.Creativity, self-reliance and ability to adapt
E.Motivation to excel

Answer 1

The characteristic of successful entrepreneurs that involves decisiveness, tenacity, discipline, and a willingness to sacrifice is known as commitment and determination, reflecting their dedication to overcoming challenges in their business endeavors.

Step-by-step explanation:

Entrepreneurs characterized by decisiveness, tenacity, discipline, and willingness to sacrifice exemplify commitment and determination. This characteristic is vital as it reveals the entrepreneur's dedication to their venture and their readiness to overcome challenges and persist through difficulties to achieve their business goals. Successful entrepreneurs understand the risks involved in starting and running a business, but they calculate these risks carefully and proceed with a clear focus on potential benefits, reflecting their commitment to success.