INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The entrepreneur has a great psychological drive to achieve.
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Drive for the Achievement
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Desire for Responsibility
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Willingness to Take Risks
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Drive and Dynamism
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Explanation:
Detailed explanation-1: -David McClelland, the greatest exponent of the psychological approach to entrepreneurship, is of the view that the genesis and performance of entrepreneurs requires strong motivation for achievement. The achievement motivation, according to McClelland, is a function of child rearing practices in a society.
Detailed explanation-2: -One of the biggest goals for entrepreneurs is to achieve greater efficiency in all aspects of their organisation. Right from speeding up processes, quicker delivery of services, weaving in improvements in offerings with changing times, be updated with the latest technology, and pursuing excellence in every way.
There is 1 question to complete.