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CMA Final · Entrepreneurship and Startup · Entrepreneurial Skill Sets

Anita, a Kochi food-processing founder, had her first product line fail after a supplier dispute. She wrote a review of what went wrong, adjusted her sourcing contracts and launched a revised line within six months. Which entrepreneurial trait does this behaviour mainly show?

Anita shows resilience with a learning orientation. She treated failure as feedback, reviewed the causes, changed her sourcing contracts and relaunched quickly, rather than blaming others, avoiding risk or giving up. This persistence combined with adaptation is a core entrepreneurial mindset trait.

  1. AResilience with a learning orientation toward failureCorrect
  2. BRisk aversion leading to avoidance of new ventures
  3. CExternal locus of control blaming the supplier
  4. DComplacency arising from early success

Explanation

Anita recovered from a setback, analysed it, changed her practices and relaunched, which is resilience combined with learning from failure. Blaming the supplier would reflect external locus of control, but she acted on her own processes. She did not avoid risk, since she relaunched, and there was no early success to cause complacency.

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