Entrepreneurs are the driving force of a market economy. Peter is an entrepreneur focused on becoming an owner of a successful b

Question

2 years ago

7

Entrepreneurs are the driving force of a market economy. Peter is an entrepreneur focused on becoming an owner of a successful b

usiness. Peter is motivated by
A. The fundamental economic problem

B. Opportunity cost

C. Consumer goods

D. The incentive of making profit and becoming wealthy

Social Studies

2 answers:

soldier1979 [14.2K] · Answer 1 · 2022-01-09T07:36:11+03:00

soldier1979 [14.2K]2 years ago

6 0

The answer is letter D.

Explanation: Personal motivation is the internal drive that leads to action toward a goal.

Each individual has the ability to motivate or demotivate themselves.

Vladimir79 [104] · Answer 2 · 2022-01-09T09:41:12+03:00

Peter is motivated by the incentive to make a profit and become wealthy.

Option - D

<u>Explanation: </u>

Personal motivation is the inner driving force that leads to move forward towards the goal. In business, the incentive is one of the motivational factor that would encourage the individual to move further.

Most of us choose to live in financial security and prosperity. There are few strategies to be followed to get a good sum of profit and becoming wealthy namely,

Concentrate on profit.
Create many revenue streams.
Save to spend, don't save to just save money
Be strategic.
Don't demonstrate off; just turn up.
Change your opinion about the cash.
Invest yourself in this
Dump the constant check of pay.
Set realistic goals and envision how to achieve them.