McClelland’s Acquired Needs Theory
Business

McClelland’s Acquired Needs Theory

McClelland’s Acquired Needs Theory According to David McClelland, a person feels three types of needs as a result of one’s life experience. In his in…
Ambition is the lever of all motives – Explanation
Business

Ambition is the lever of all motives – Explanation

Ambition is the lever of all motives –  Motivation is defined as the process that initiates, guides, and maintains goal-oriented behaviours. Motivation is what causes…
Why entrepreneurs analysis the Maslow’s Need’ Hierarchy Theory?
Business

Why entrepreneurs analysis the Maslow’s Need’ Hierarchy Theory?

The classic theory, Abraham Maslow’s hierarchy of needs, is supposed to help us to understand human motivation. Abraham Maslow developed the Hierarchy of Needs model…
What are the motivating factors for Entrepreneurship?
Business

What are the motivating factors for Entrepreneurship?

Entrepreneurship is proceeded of setting out on your own and starting a business instead of working for someone else in his business. Motivation is the…
Distinguish between Motivation and Achievement Motivation
Business

Distinguish between Motivation and Achievement Motivation

Motivation is defined as the process that initiates, guides, and maintains goal-oriented behaviours. Motivation is what causes us to act, whether it is getting a…
Innovation Theory by Schumpeter
Business

Innovation Theory by Schumpeter

Innovation Theory by Schumpeter Joseph A. Schumpeter developed a theory regarding the economic development of a country in his book “Theory of economic development”. According…
Money does not come as first motivating factor for women entrepreneurs
Business

Money does not come as first motivating factor for women entrepreneurs

An entrepreneur is a person who creates something new and assumes the risks and rewards associated with that innovation. S/He gets profit as his reward…
Components of Internal Business Environment
Business

Components of Internal Business Environment

Internal is the environment that has a direct impact on the business. An organization’s internal business environment is composed of the elements within the group,…
Entrepreneurial Motivation
Business

Entrepreneurial Motivation

Entrepreneurial Motivation Generally, motivation is the set of forces that cause people to do something. It is an inner state that energizes and directs behaviour…
Role of Entrepreneurship in an Economic Development
Business

Role of Entrepreneurship in an Economic Development

The entrepreneur who is a business leader looks for ideas and puts them into effect in fostering economic growth and development. Entrepreneurship is one of…
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