The following are part of entrepreneurial motivation, except:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Need for Profit (N-Pro)
According to McClelland’s Theory of Motivation, the main components of entrepreneurial motivation are:
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Need for Achievement (N-Ach) – desire to excel and accomplish challenging goals.
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Need for Power (N-Pow) – desire to influence and control others.
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Need for Affiliation (N-Aff) – desire for friendly and close relationships.
Need for Profit (N-Pro) is not part of this theory.