As a Successful Entrepreneur Realizes That They Cannot Do Everything

question 90

True/False

As a successful entrepreneur realizes that they cannot do everything by themselves, they must decide on an appropriate organizational structure if they want to continue to effectively carry out the activities of the venture.

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Definitions:

Drive-Reduction

A motivational concept suggesting that humans act to alleviate physical or psychological needs, aiming at maintaining homeostasis.

Safety

The state of being safeguarded against or not prone to causing harm, peril, or damage.

Esteem

A regard for oneself with respect or admiration, often seen as a component of self-worth or self-respect.

Belongingness And Love

A fundamental human need to be an accepted member of a group and to form meaningful attachments with others.