Priscilla is a trader of silver and diamond jewelry. Due to a recessionary trend in the industry, her business has not been making any profits for a few months. As the end of this economic trend cannot be easily ascertained, she decides to get her house mortgaged so that she can add a new line of business of trading in semi-precious stones. This financial risk appetite of Priscilla illustrates her _____ as an entrepreneur.

Question

Quizplus · Accepted Answer

Priscilla's decision to mortgage her house to expand her business despite the uncertain economic conditions demonstrates her tolerance of uncertainty, a key trait of entrepreneurs who are willing to take risks in unpredictable situations.

Priscilla Is a Trader of Silver and Diamond Jewelry