1. Richard Branson, Rupert Murdoch, Alan Sugar and Bill Gates:
An entrepreneur may be described as a person who can recognise an opportunity in the market place, and is willing to marshall the resources necessary to exploit that opportunity for long-term personal gain. ... In this set of hierarchy a higher, less basic need does not provide motivation unless all lower and most basic needs have been generally satisfied, it no longer motivates. The relevance of Maslows theory for the practising manager and management in general is that as long as employees lower-order needs at unsatisfied, it will be difficult to motivate them by fulfilling higher-order ne...
- Word Count: 1362
- Approx Pages: 5
- Has Bibliography
- Grade Level: Undergraduate