Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Entrepreneurial Personality Profile What are some of your entrepreneurial strengths? How would they help you in starting or running a business? Some of my entrepreneurial

Entrepreneurial Personality Profile

  1. What are some of your entrepreneurial strengths? How would they help you in starting or running a business? Some of my entrepreneurial strengths are that I'm a conscientious person. I have a good level of self-confidence, and I'm people oriented. In order to be successful in the entrepreneurial field, you will need to create relationships with helpful, business contacts, clients, suppliers, and employees.- this comes with people orientation. As the owner of a business, you need to feel comfortable and confident in your position, and you need to be able to make complex decisions, take calculated risk, and deal with ever - changing, and sometimes uncertain business world.- this comes with self-confidence
  2. What are some of your entrepreneurial limitations? How would these limit you in starting or running a business?I have no entrepreneurial limitations.
  3. How can psychology help entrepreneurs?

The Puzzle of Motivation

  1. Describe the candle problem.
  2. In the experiment where people were offered $5 if they could solve the candle problem, what happened? Why?
  3. How do many businesses (as well as other parts of society) try to motivate people? What is the problem with this?
  4. Why does Pink argue that businesses should focus on intrinsic rewards? What three aspects does he think businesses should use?
  5. What is the ROWE system? Do you think this system would motivate you? Why or why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management

Authors: Richard L. Daft

12th edition

978-1118582695, 1118582691, 9781118801277, 111880127X, 978-1285861982

Students also viewed these Psychology questions

Question

1. Have a 2-week arrangement; then evaluate.

Answered: 1 week ago

Question

=+d. Derive the IRR of each project.

Answered: 1 week ago

Question

=+c. Calculate the NPV of each project at 9%.

Answered: 1 week ago