Which could provide an individual with the motivation to start a new business venture?
(A) The financial rewards
(B) A desire to be independent. (C) Risk taking
(D) All the above
Answers
Answered by
8
Answer:
Answer=(A) The financial rewards
Answered by
1
Answer:
The correct answer is option D
Explanation:
- Entrepreneurship is the creation of a new business venture by an individual who comes up with an innovative idea, organizes resources and sets up shop.
- People become entrepreneurs for various motives that include generating wealth, a vision of transforming people's lives, autonomy and a sense of accomplishment.
- Starting a new business requires all the above-mentioned motivations.
- A business, if successful, can be financially more rewarding than office jobs in the government and private sectors.
- Having one's own business frees him from the obligation of a nine-to-five job. It gives the person more leisure time to spend in his own way.
- Young people dare to take risks, and it is possible that taking this risk might lead to great results.
- Thus, all three options are important as motivation to start a new business.
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