The Entrepreneur Is Always Searching for

question 22

Multiple Choice

The entrepreneur is always searching for

• A)positive profit.
• B)normal profit.
• C)accounting profit.
• D)economic profit.

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Definitions:

Maslow's Ideas

A psychological theory proposing a hierarchy of human needs, from basic physiological needs to self-actualization.

Predictable Hierarchy

A clearly defined structure in an organization or system where positions and roles are ranked according to levels of authority and responsibility in a predictable manner.

Self-Actualization

The accomplishment or actualization of individual capabilities and possibilities, viewed as a fundamental motivation or requirement in each person.

Maslow's Needs Hierarchy

A theory in psychology proposed by Abraham Maslow, suggesting that people are motivated by five levels of needs: physiological, safety, love/belonging, esteem, and self-actualization.