An entrepreneur started a new business. The first several years were very challenging. However,the entrepreneur believed that the challenges could be met and the business would be successful. This entrepreneur shows
A) economies of scale.
B) tenacity.
C) new resource skills.
D) character licensing.
E) the idea of lowering variable costs.

Question

Quizplus · Accepted Answer

The entrepreneur's belief in meeting challenges and eventual success demonstrates tenacity, or persistence and determination in the face of difficulties. The other options do not accurately describe the situation presented.

An Entrepreneur Started a New Business