PECs SWOT-TLE 8

Directions: Choose the letter of the correct answer. Write your answer on the space provided.

1. Which of the following is an example of a personal entrepreneurial competency (PEC)?
   

• 1. A. Technical skills

• 1. B. Risk-taking

• 1. C. Physical strength

• 1. D. Communication tools

Entrepreneurs must anticipate and face possible challenges in business. Which PEC does this describe?
A. Opportunity-seeking
B. Persistence
C. Goal-setting
D. Decision-making

• A. Opportunity-seeking

• B. Persistence

• C. Goal-setting

• D. Decision-making

What PEC is demonstrated when an entrepreneur gathers necessary resources before starting a business?
A. Planning and organizing
B. Self-confidence
C. Commitment to work
D. Risk-taking

• A. Planning and organizing

• B. Self-confidence

• C. Commitment to work

• D. Risk-taking

Which of the following characteristics describes a goal-oriented entrepreneur?
A. Focuses on immediate tasks without planning
B. Makes decisions without considering consequences
C. Plans and sets long-term and short-term objectives
D. Avoids taking risks in business

• A. Focuses on immediate tasks without planning

• B. Makes decisions without considering consequences

• C. Plans and sets long-term and short-term objectives

• D. Avoids taking risks in business

What PEC refers to the ability to come up with new and innovative ideas?
A. Hardworking
B. Creative
C. Reliable
D. Observant

• A. Hardworking

• B. Creative

• C. Reliable

• D. Observant

Directions: Choose True if the statement is correct and False if it is not.

Entrepreneurs avoid taking risks to ensure success.

• TRUE

• FALSE

A persistent entrepreneur gives up easily when facing challenges.

• TRUE

• FALSE

Creativity helps entrepreneurs think of innovative solutions to business problems.

• TRUE

• FALSE

Risk-taking means acting recklessly without a plan.

• TRUE

• FALSE

Opportunity-seeking involves identifying and taking advantage of trends and needs.

• TRUE

• FALSE