Founders of high growth companies tend to have tenacity. That means
A) they know where they want the company to go.
B) they know how to find and attract new resources.
C) they set specific goals.
D) they have low self-efficacy.
E) they tend not to give up and continue to try even after major setbacks.

Question

Quizplus · Accepted Answer

Tenacity is defined as the quality or fact of being very determined and not giving up easily. Therefore, the choice that best describes tenacity is E, which states that founders of high growth companies tend not to give up and continue to try even after major setbacks. Choices A, B, and C may also be important qualities for a founder to possess, but they do not specifically address the trait of tenacity. Choice D is incorrect because low self-efficacy means a lack of belief in oneself to accomplish goals, which is the opposite of tenacity.

Founders of High Growth Companies Tend to Have Tenacity