Entrepreneurs get a ..... from building up their own business which can increase happiness and personal fulfillment.

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Entrepreneurs get a ____ from building up their own business which can increase happiness and personal fulfillment.

A	Lot of profit
B	Great sense of satisfaction
C	Either A or B
D	None of the above

Explanation:

Detailed explanation-1: -A pure entrepreneur is an individual who is motivated by psychological and economic rewards. He undertakes an entrepreneurial activity for his personal satisfaction in work, ego or status.

Detailed explanation-2: -Entrepreneurs can set goals to improve their social and interpersonal skills which can help the success of their business. Improvement in the social skills set of a person can help them interact better with other people, to network and to build business relationships with others.

Detailed explanation-3: -Satisfaction with income, work, work-life balance, and personal life. Psychological flexibility is positively associated with all types of satisfaction.

Detailed explanation-4: -Rewards. Not everyone defines reward the same way. Being your own boss. When you start a business and are self-employed, you are your own boss and ultimately control your own destiny. Income. Flexible hours. Purchasing an existing business.

There is 1 question to complete.

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT