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A Good Rule of Thumb for Individuals Starting a New

question 84

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A good rule of thumb for individuals starting a new business is to not rely on personal resources.


Definitions:

Motivation

The inner drive or process that energizes, guides, and maintains behavior towards achieving a goal.

Voluntary Behaviour

Actions that are under conscious control, as opposed to reflexive or involuntary actions.

Expectancy-value Models

These models explain how the expectations of success and the value of goals affect motivation and decision-making.

Incentive

A motivation or reward that encourages a person or group to act in a certain way.

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