2. Billionaire Jack Ma, founder of Alibaba shared his adversity story when he wasyoung, starting from when he failed a key primary school test twice, and failedthree times while in middle school. He also applied to study in Harvard and wasrejected ten times. He remembered applying for jobs and got rejected 30 times,or the time 25 people applied in KFC and they accepted 24 except him, or whenfive people applied for a police job and they accepted four except him. But hepersisted, not giving up on himself. When faced with adversity, stop givingexcuses and start finding solutions to keep improving.Question:Is Entrepreneurship for everyone? Relate it to Jack Ma's story.How important adaptability and grit in business?

Entrepreneurs ae the persons who will do business to earn profits. The business will be conducted…

Answered: 2. Billionaire Jack Ma, founder of…

Foundations of Business - Standalone book (MindTap Course List)

4th Edition

ISBN:9781285193946

Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor

Chapter16: Mastering Financial Management

Section: Chapter Questions

Problem 1DQ

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