Quarter 1 Module 1: Applying Quality Standards (AQS) 9

Mrs. Gina Magno opens 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. Which of the following is NOT considered as a characteristic of an entrepreneur?

• Copes with failure

• Persistent

• Dependent

• Opportunity seeker

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?

• Persistent

• Responsive to feedback

• Reliable and has integrity

• Self-confidence

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

• Self-confidence

• Risk- taking

• Hard work

• Persistence

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

• Futuristic or future-oriented

• Opportunity seeker

• Commitment

• Goal oriented

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

• Patience

• Hardworking

• Versatile

• All of the above

One facet is being able to make connections between seemingly unrelated events or situations.

• Profit-oriented

• Creative

• Initiative

• Committed

They are dedicated, driven, focused and are goal oriented and have a strong attention to detail.

• Hardworking

• Confident

• Disciplined

• Change

The good entrepreneurs assume full responsibility over their business, and they give full and solid dedication to make the business successful.

• Change

• Committed

• Confident

• Initiative

It refers the ability to develop, organize and manage a business venture along with any of its risks.

• Competencies

• Personal

• Personal Entrepreneurship

• Entrepreneurship Competencies

What traits of a successful entrepreneurs always focus their energy on making the business work, and for eliminating the distractions or obstacles to their goals?

• Hardworking

• Confident

• Disciplined

• Change