Logan is an entrepreneur who takes personal responsibility for the success or failure of his actions rather than believing in luck or fate. Which characteristic best describes Logan's entrepreneurial philosophy?
A) tolerance for failure
B) internal locus of control
C) need to achieve
D) tolerance for ambiguity

Question

Quizplus · Accepted Answer

Logan's entrepreneurial philosophy is characterized by an internal locus of control, which means he believes that his success or failure is dependent on his own actions and decisions, rather than external factors such as luck or fate. This trait is often associated with successful entrepreneurs who take ownership of their choices and responsibilities. The other choices, tolerance for failure, need to achieve, and tolerance for ambiguity, may also be important characteristics for an entrepreneur, but they do not specifically describe Logan's philosophy as outlined in the question.

Logan Is an Entrepreneur Who Takes Personal Responsibility for the Success