8_Q2_L2_Personal Entrepreneurial Competencies

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1. What does the word PECs means?

• A. Personal Entrepreneurship Competencies
• B. Personal Entreprenuership Characteristics
• C. Personal Entrepreneurial Characteristics
• D. Personal Entrepreneurial Competencies

2. Entrepreneurs are best described as risk _______.

• A. managers
• B. takers
• C. averse
• D. loving

3. Which of the following is a common entrepreneurial trait?

• A. A need for structured environments
• B. Viewing changes as threatening
• C. A high need for achievement
• D. Both a and c

4. A person's belief in his capability to perform a task is known as

• A. persuasion
• B. persistence
• C. self confidence
• D. opportunity seeker

5. A person’s character who always on lookout for opportunity to create a profitable business venture is known as ____________.

• A. goal setting
• B. information seeking
• C. opportunity seeking
• D. risk taking

6. Which of the following is NOT considered a good characteristic of an entrepreneur?

• A. Risk Taker
• B. Goal-oriented
• C. Creative
• D. Dependent

7. If you want to have a profitable business operation, what characteristic will you maintain?

• A. Opportunity seeker
• B. Commitment
• C. Goal-oriented
• D. Self confidence

8. A friend told you that she has a strong will and has never give up find solutions to business problem. What characteristic does she possess?

• A. Hard working
• B. Persistence
• C. Risk taking
• D. Self confidence

9. The act of creating a business or businesses while building and scaling it to generate a profit is called

• A. entrepreneur
• B. entrepreneurship
• C. business
• D. managing