INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A way of thinking that enables you to overcome challenges, be decisive and accept responsibility for your outcomes.
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Entrepreneurial motivation is the process that activities and motivation the entrepreneur to exert higher level of efforts for the achievement of his/her entrepreneurial golas.
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Either A or B
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None of the above
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Detailed explanation-1: -In analyzing what ends up driving these entrepreneurs, researchers and observers find 4 particularly strong motives: control, freedom, impact and wealth (in alphabetical order.) Some or all of these motivations may be important to you as an entrepreneur.
Detailed explanation-2: -Entrepreneurship drives an individual to excel one’s self and overcome the obstacles through successful exercise of talent. That is, entrepreneurship creates a platform for exercising creativity and self development. Hence, achievement motivation plays an important role in entrepreneurship.
Detailed explanation-3: -Reason 1: Achievement, Challenge, & Learning. Reason 2: Independence & Autonomy. Reason 3: Income Security and Financial Success. Reason 4: Recognition and Status. Reason 5: Family. Reason 6: Dissatisfaction with Current Work Arrangements. Reason 7: Community and Social Motivation. 27-Jan-2016