MGTA01H3 Lecture 6: MGTA01 - Chapter 6 Notes - Enterprise and Entrepreneurs
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MGTA01H3 Full Course Notes
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Enterprise and entrepreneurs: the businesses of canada and the people who. Free enterprise: an expression used to indicate that individuals have the freedom to start and run businesses without bureaucracy and undue regulation. Entrepreneurs: psychological characteristics: some attributes include, desire to achieve challenging goals, a (cid:271)elief i(cid:374) o(cid:374)e"s own ability to influence affairs, a willingness to tolerate some uncertainty, self-confidence. The need for achievement: commonly referred to as npow, naff, and nach, these needs are found varyingly in every person, need for power (npow): in need theory, one of three human motivators. People with a need for power are motivated to have authority and they need to be influential. They will choose careers that offer status and prestige: need for affiliation (naff): in need theory, one of three human motivators. People with a need for affiliation need to have friendly relationships and are motivated by interaction with others: need for achievement (nach): in need theory, one of three human motivators.
