INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Among the statements below, which are the pull factors of entrepreneurial motivation?
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Competition
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Necessity
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Frustration
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Riches and power
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Explanation:
Detailed explanation-1: -Entrepreneurial Motivating Factors These include the following factors: Desire to do something new. Become independent. Achieve what one wants to have in life.
Detailed explanation-2: -Push factors are characterised by personal or external factors (including a marriage break-up, or being passed over for promotion), and often have negative connotations. Alternatively, pull factors are those that draw people to start businesses – such as seeing an opportunity (Hakim, 1989).
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