5.
Chris has been working at his job for five years. He likes it because it is challenging, but he wonders if he would be happier making all of the decisions for a company instead of having someone else make the decisions for him. Which non-monetary incentive of being an entrepreneur would likely most appeal to Chris?
a keeping all of the company’s profits
b being his own boss
c having to find the best people for each job
d gaining recognition for his efforts
b being his own boss
The non-monetary incentive of being an entrepreneur that would likely most appeal to Chris is the option b, being his own boss.
To determine which non-monetary incentive of being an entrepreneur would likely most appeal to Chris, let's analyze the options:
a) Keeping all of the company's profits:
This incentive involves having ownership and retaining all the profits generated by the business. While financial gains are important, it is not specified that Chris is primarily seeking monetary incentives.
b) Being his own boss:
Being his own boss means that Chris would have the ultimate decision-making power and autonomy in running his own business. This aligns directly with his curiosity about making all the decisions for a company, making it a strong contender.
c) Having to find the best people for each job:
This incentive refers to the responsibility of recruiting and assembling a talented team. Although it may be appealing to some entrepreneurs, it is not directly related to Chris's curiosity about making decisions.
d) Gaining recognition for his efforts:
Recognition is a powerful motivator for many individuals. If Chris wants acknowledgment for his efforts, this incentive may be appealing.
Based on the given information, the non-monetary incentive that would most likely appeal to Chris, considering his curiosity about making decisions for a company, is b) being his own boss.