Many entrepreneurs accept failure as part of the development and refinement process of their new idea, product, or process. They don't see the failure as the end but rather a valuable part of the learning process. They are also known for "thinking outside the box" to create innovative processes or products. They take risks and challenges and ultimately learn from the development process. Which of the following is most characteristic of entrepreneurs?
A) Learning goal orientation
B) Performance goal orientation
C) Cognitive complexity
D) Learning flexibility

Question

Quizplus · Accepted Answer

A) Learning goal orientation is consistent with several traits that entrepreneurs have. Individuals with this orientation are focused on taking risks and trying new things, even when those inevitable failures occur. When failures do occur, someone with a learning goal orientation tends to see it as a learning experience.

Many Entrepreneurs Accept Failure as Part of the Development and Refinement