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James is always keen on putting his ideas into action regardless of the outcome. He perfects his craft by trying out different possibilities. If he is dissatisfied with the result, he tries out a different method but does not give up. Which entrepreneurial characteristic is highlighted in the given scenario?
Vivid Incident
A particularly memorable or striking event that stands out due to its emotional impact or intensity, often influencing people's perceptions and behaviors.
Deduction Testing
The process of testing hypotheses and theories through logical deduction, starting with a general premise and examining specific cases to evaluate validity.
Parsimony
The principle that the simplest explanation of an occurrence, using the least number of assumptions or variables, is preferred.
Scope
The extent or range of an area or subject matter that something deals with or to which it is relevant.
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