According to the textbook, the number one reason that people become entrepreneurs is to:A) realize financial rewardsB) gain prestigeC) be their own bossD) continue a family traditionE) pursue their own ideas

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Business

Nicky

4 October, 18:31

According to the textbook, the number one reason that people become entrepreneurs is to:A) realize financial rewardsB) gain prestigeC) be their own bossD) continue a family traditionE) pursue their own ideas

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Answers (1)

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Tobias Hernandez · Answer 1

(A) realize financial rewards.

Explanation:

In theory (textbook) the no. 1 reason that people become entrepreneurs is to achieve maximum return. The concept of higher risk, higher return is the key here. Business as compared to Services and Profession, has the highest risk thereby giving the best returns out of the three.

However, in practicality people adopt business to pursue their own ideas, gain prestige, be their own boss, continue a family tradition and also to realize financial rewards.