Test I

1.Describe the typical American entrepreneur. They accumulated their wealth with hard work, self-discipline, planning, and frugality-all really entrepreneurial virtues. Two-thirds of them still working ar self-employed. They be not descendants of the Rock-effellers or Vanderbilts. Instead they ar truly self-made: more than 80 percent atomic number 18 ordinary hoi polloi who have accumulated their wealth in one generation. They move below their means, would preferably be financially independent than disclose high social status, and dont look same most tribes emboss of millionaires. They get well-situated slowly. Their business are not the sexy, high-tech, ti valley variety, rather they have created and own such businesses as ambulance services, citrus farming, cafeteria services. 2.Entrepreneurs are made, not born. Why is this so? Do you agree, and why or why not? The psychological motivation of entrepreneurial conduct is a generally accepted stop of the literature. The theory states that people are motivated by trio principal packs: 1) the look at for deliver the goodsment , 2)the essential for mightiness, and 3) the take in for affiliation. The need for achievement is the need to excel and the need for mensurable personal accomplishment. The need for power is the need to influence others and to achieve an influence goal. The need for affiliation is the need to procure an affiliation goal. The look into supports the premise that get-rich-quick schemers are not company builders; nor are they the planners of prospered ventures. Rather it is the visionary who participates in the day-to-day routine unavoidable to achieve a long-run objective and who is generally lusty about an idea and not exclusively profit-oriented who is the successful entrepreneur. 3. deal the overall paradoxical competitiveness inherent in the entrepreneurial process. To thrive in the entrepreneurial environment, one needs to be v ery adept at coping with ambiguity, chaos, a! nd uncertainty, and at building...If you inadequacy to get a full moon essay, order it on our website: OrderCustomPaper.com

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