According to McClelland's manifest needs theory, successful entrepreneurs are driven more by a high need for _____ than by the profit margin.Fill in the blankFill in the blankGroup Ends

The opportunity to reap impressive profits is the primary motivation for most entrepreneurs.a.May beb. Falsec. Tured.I Dont Know

Entrepreneurs are characterized by ________.a.All of the aboveb.high energy levelsc.skill at organizingd.desire for immediate feedback

McClelland's manifest needs theory of motivation has a hierarchy of needs.

There are numerous reasons why individuals want to run their own businesses. Some foresee more personal satisfaction if they succeed in launching their own business, while others are mainly interested in the prospect of larger financial rewards. Since 1980s and early 1990s, tax regulation and liberal policies have encouraged increasing number of venture capitalists and entrepreneurs to start new enterprises. Since 1990, one and a half million new ventures have been started. Not all have succeeded. The above statement makes which of the following assumptions?Choices:- Success in starting a new business largely depends on sound financial planning Venture capitalists are motivated by non-monetary gains    Social incentives motivate investors just as much as financial rewards None of these

One hallmark of successful entrepreneurs is the ability to ________.a.fail intelligentlyb.overlook past successesc.repeat the same mistaked.be willing to gamble