Personal Entrepreneurial Competencies

Personal Entrepreneurial Competencies

Entrepreneur

Entrepreneurs are those with the skills and capabilities to see and evaluate business opportunities.

Entrepreneurship is the strategic process of innovation and new product creation.

Pre-assessment

Direction:

Match the correct characteristics to the given description.

Multiple Choice

Ability to set realistic targets.

• Hardworking

• Self-confident

• Goal-Oriented

• Committed

Multiple Choice

Interest in money generation.

• Profit-Oriented

• Committed

• Risk-taker

• Goal-Oriented

Multiple Choice

To succeed, one must believe in one’s self.

• Reliable and has integrity

• Willing to listen

• Persistent

• Self-confident

Multiple Choice

Working diligently and industriously.

• Responds to feedback

• Hardworking

• Risk-taker

• Responds to feedback

Multiple Choice

Being able to listen to the advice of others.

• Willing to listen

• Committed

• Risk-taker

• Responds to feedback

Multiple Choice

Obtaining useful feedback and advice from others.

• Hardworking

• Responds to feedback

• Willing to listen

• Risk-taker

Multiple Choice

Being patient and strives to achieve the goal.

• Profit-Oriented

• Persistent

• Goal-Oriented

• Risk-taker

Multiple Choice

Ability to take measured or calculated risks

• Risk-taker

• Committed

• Persistent

• Hardworking

Multiple Choice

Being honest, fair and trustworthy.

• Goal-oriented

• Responds or open to feedback

• Reliable and has integrity

• Willing to listen

Multiple Choice

A major priority in the entrepreneur’s life.

• Persistent

• Goal-oriented

• Responds or open to feedback

• Committed

Pre-assessment

​Direction

Read and study the situation that describes entrepreneurial characteristics. Then answer the question by submitting the letter of your choice.

Mrs. Gina Magno opens up her own retail business. She knows that her personal entrepreneurial characteristics are insufficient to ensure a successful operationalization of a business she has in mind. Your answers to the questions below will help in developing her PECs.

Multiple Choice

What PECs must she possess if there are customers who complain about the quality of her product?

• Patience

• Hardworking

• Versatile

• All of the above

Multiple Choice

Which of the following is NOT considered as a characteristic of an entrepreneur?

• Copes with failure

• Dependent

• Persistent

• Opportunity seeker

Multiple Choice

If she wants to ensure a profitable business operation, what characteristic will she maintain?

• Commitment

• Goal oriented

• Futuristic or future-oriented

• Opportunity seeker

Multiple Choice

Mrs. Magno follows the advice of a friend to be flexible especially if she intends to open a retail business. What PECs has been demonstrated by Mrs. Magno?

• Self- confidence

• Reliable and has integrity

• Responsive to feedback

• Persistent

Multiple Choice

She tells Mary, her best friend that she has a strong will and does not give up to find a solution to a business problem. What PECs has been demonstrated by Mrs. Magno?

• Hard work

• Persistence

• Self-confidence

• Risk- taking