INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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N-Ach, N-Pow, N-Aff, N-Soc
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N-Tech, N-Pow, N-Aff, N-Soc
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N-Ach, N-Pow, N-Aff, N-Sec
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None of the above
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Detailed explanation-1: -This identified the basic needs that human beings have, in order of their importance: physiological needs, safety needs, and the needs for belonging, self-esteem and “self-actualization".
Detailed explanation-2: -Components of motivation Achieving such a goal requires the ability to persist through obstacles and endurance to keep going in spite of difficulties. There are three major components to motivation: activation, persistence and intensity.
Detailed explanation-3: -McClelland’s Theory of Three Needs outlines the three desires that an individual could possibly have. Each person is motivated by power, affiliation, or achievement. One trait is usually more dominant, but the others are present in an individual as well.
Detailed explanation-4: -Need for achievement (N-Ach) is an individual’s desire for significant accomplishment, mastering of skills, control, or high standards. The term was first used by Henry Murray and associated with a range of actions. These include: “intense, prolonged and repeated efforts to accomplish something difficult.