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Personal Entreprenuerial Competencies

Total questions: 60

Worksheet time: 30mins

Name
Class
Date
1.

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

a)

Self-confidence

b)

Goal-oriented

c)

Hardworking

d)

Willing to listen

2.

It is the ability to set realistic targets.

a)

Hardworking

b)

Self-confidence

c)

Profit-oriented

d)

Goal-oriented

3.

Ability to take measured or calculated risks.

a)

Willing to listen

b)

Responds to feedback

c)

Committed

d)

Risk-taker

4.

What is PEC's?

a)

personal entrepreneurial competencies

b)

professional entrepreneurial competencies

c)

personal entrepreneur competition

d)

professional entrepreneurial commodities

5.

He/she is quick to learn how to take advantage of challenges by converting them into opportunities.

a)

Seeking Information

b)

Opportunity Seeking

c)

Risk taking

d)

Demand for efficiency and quality

6.

He/she believes that taking repeated good actions, varying or fine tuning his/her approach, until he/she gets the desired result would eventually lead him/her to success.

a)

Systematic Planning

b)

Setting Clear and Realistic Goals

c)

Seeking Information

d)

Persistence

7.

A person takes full responsibility for his/her thoughts and actions. He/she starts work with enthusiasm, performs it correctly, and meets deadlines.

a)

Setting Clear and Realistic Goals

b)

Seeking Information

c)

Commitment to Work Contract

d)

Self-confidence

8.

This is the ability of an entrepreneur to accomplish desired goals in a logical and systematic manner.

a)

Setting High Standards

b)

Taking Moderate Risk

c)

Systematic Planning

d)

Persuasion and Building up Network

9.

Entreprenuers are usually people with ideas, initiative and skills to lead and manage the business.

a)

Power Cluster

b)

Planning Cluster

c)

Achievement Cluster

d)

Hardworking

10.

A successful entrepreneur is flexible and creative. He/She knows how to plan business activities, make realistic decisions and set goals that are easy to attain.

a)

Power Cluster

b)

Manager Abiliy

c)

Planning Cluster

d)

Achievement Cluster

11.

Goals should be SMART. A stands for?

a)

Applicable

b)

Average

c)

Attainable

d)

Assurance

12.

The entrepreneur knows how to use the right strategies to influence or persuade other people.

a)

Persuasion and networking

b)

Risk takers

c)

self confidence

d)

Commitment to work contract

13.

RISK TAKER

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

14.

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

a)

Copes with failure

b)

Dependent

c)

Persistent

d)

Opportunity seeker

15.

Which does not belong to the group?

a)

Opportunity seeking

b)

Demand for efficiency and quality

c)

Risk Taking

d)

Information seeking

16.

The capacity for innovation, investment and expansion in new markets, products and techniques.

a)

Business

b)

Businessman

c)

Entrepreneurship

d)

Entrepreneur

17.

It is a stock or supply of money, materials, staff, and other assets that can be drawn on by a person or organization in order to function effectively

a)

Resources

b)

Means

c)

Products

d)

Materials

18.

The following are examples of non-human resources except one, which one is not?

a)

Capital

b)

Building

c)

Time

d)

Machinery

19.

Risks are situations involving exposure to dangers. Click the risks that are usually present in entrepreneurship.

a)

Warehouse burnt

b)

Price changes

c)

competition

20.

In venturing into business, one must consider the available resources. For what reasons? Click the answers that apply.

a)

to run and manage the business successfully

b)

to be able to sustain the business operation

c)

to be able to sit down and let the business staff do the operation

d)

to avoid failures

21.

What is the main contribution of entrepreneurship to the country's economy?

a)

popularity

b)

tax

c)

investors

d)

consumers

22.

What is referred to as the place of selling/buying, potential buyers, and marketing strategy?

a)

products

b)

means

c)

market

d)

resources

23.

Which of the following is an Entrepreneur?

a)

Coco Martin

b)

Tony Tan Caktiong

c)

Jung Kook

d)

Jessica Soho

24.

What is an entrepreneur?

a)

A person who works for someone else in order to learn skills.

b)

A person who is in charge of a specific location.

c)

A person who organizes and operates a business or businesses.

d)

None of these

25.

Which is NOT a common characteristic of an entrepreneur?

a)

risk-taker

b)

organized

c)

creative

d)

irresponsible

26.

What are the key/unique characteristics that a person should possess to be able to perform entrepreneurial functions effectively?

a)

Personal Entrepreneurial Committees

b)

Personal Entrepreneurial Competencies

c)

Personal Entrepreneurial Categories

d)

All of the above

27.

Entrepreneurs look for business ideas and new and better ways to solve problems.

a)

True

b)

False

28.

Showing trust with own's skills, ability, and judgment.

a)

Confident

b)

Hardworking

c)

Discipline

d)

Committed

29.

The key concept of entrepreneurship, the outcome of creativity resulted to a new and different way of doing things.

a)

creativity

b)

innovation

c)

discipline

d)

risk taker

30.

A company wherein several business owners work together to produce particular dynamics that are advantageous to them.

a)

enterprise

b)

business

c)

environment

d)

none of the above

31.

It is the total of all things external to firms and industries which affect their organization and operation.

a)

enterprise

b)

business environment

c)

entrepreneur

d)

entrepreneurship

32.

RISK TAKER

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

33.

GOOD DECISION MAKERS

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

34.

COMMITTED

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

35.

LEADERSHIP

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

36.

GOAL ORIENTED

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

37.

PERSISTENT

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

38.

GOOD PLANNER

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

39.

OPPORTUNITY SEEKER

a)

Achievement Cluster

b)

Planning Cluster

c)

Power Cluster

40.

He/she is quick to learn how to take advantage of challenges by converting them into opportunities.

a)

Seeking Information

b)

Opportunity Seeking

c)

Taking Moderate Risks

d)

Persistence

41.

He/she believes that taking repeated good actions, varying or fine tuning his/her approach, until he/she gets the desired result would eventually lead him/her to success.

a)

Systematic Planning

b)

Setting Clear and Realistic Goals

c)

Seeking Information

d)

Persistence

42.

A person takes full responsibility for his/her thoughts and actions. He/she starts work with enthusiasm, performs it correctly, and meets deadlines.

a)

Setting Clear and Realistic Goals

b)

Seeking Information

c)

Commitment to Work Contract

d)

Self-confidence

43.

This is the ability of an entrepreneur to put quality as his/her personal trademark of excellence on whatever he/she does.

a)

Setting Clear and Realistic Goals

b)

Setting High Standards

c)

Seeking Information

d)

Self-confidence

44.

This behavior of an entrepreneur involves taking calculated risks. He/she does weighs and carefully chooses alternatives to avoid losing money.

a)

Seeking Information

b)

Commitment to Work Contract

c)

Persistence

d)

Taking Moderate Risk

45.

An entrepreneur generates necessary information about his/her target market, customers, suppliers, and competitors, and consults knowledgeable people on business and technical concerns.

a)

Taking Moderate Risk

b)

Oppotunity Seeking

c)

Seeking Information

d)

Self-confidence

46.

This behavior of an entrepreneur deals with accomplishing well-defined tasks by dividing them into short-term and long term goals.

a)

Systematic Planning

b)

Taking Moderate Risk

c)

Commitment to Work Contract

d)

Setting Clear and Realistic Goals

47.

This is the ability of an entrepreneur to accomplish desired goals in a logical and systematic manner.

a)

Setting High Standards

b)

Taking Moderate Risk

c)

Systematic Planning

d)

Persuasion and Building up Network

48.

He/she has the power to convince or influence others to do what he/she wants them to do.

a)

Commitment to Work Contract

b)

Persuasion and Building up Network

c)

Taking Moderate Risk

d)

Systematic Planning

49.

He/she recognizes that he/she has to look at his her positive qualities in a realistic manner.

a)

Opportunity Seeking

b)

Self-confidence

c)

Setting Clear and Realistic Goals

d)

Taking Moderate Risk

50.

Key characteristics that should possessed by successful entrepreneurs in order to perform entrepreneurial function effectively

a)

entrepreneurial competencies

b)

entrepreneurial skills

c)

entrepreneurship

d)

entrepreneurial knowledge

51.

This means working diligently and being consistent to produce good product and services

a)

hardworking

b)

confident

c)

disciplined

d)

committed

52.

Successful entrepreneurs always stick to the to the plan and fight the temptation to do what is unimportant

a)

hardworking

b)

confident

c)

disciplined

d)

committed

53.

Good entrepreneurs assume full responsibility over their business

a)

hardworking

b)

confident

c)

disciplined

d)

committed

54.

Entrepreneurs have self-reliance in one's ability and judgement

a)

ability to accept change

b)

confident

c)

creative

d)

has initiative

55.

You must put yourself on the position where you are responsible for the failure or success of business

a)

ability to accept change

b)

confident

c)

creative

d)

has initiative

56.

Important skills of a successful entrepreneurs are the following EXCEPT

a)

excellent planner

b)

possess people skills

c)

mathematical skills

d)

sounds decision makers

57.

Interpersonal skills or people skills is a very important skill needed in order to be successful in any kind of business. It refers to effective and efficient communication and establishing good relationship to people.

a)

True

b)

False

58.

Which of the following words is not associated with entrepreneur?

a)

innovative

b)

impulsive

c)

collaborative

d)

creative

59.

Which of the following is not true

a)

Entrepreneurship create organizations

b)

Improves the life of the entrepreneur alone

c)

Entrepreneurs improves the economy

d)

Noneofthechoices

60.

CREATIVE

a)

makes wise decisions towards the set objective

b)

trusting in one’s ability

c)

adaptable to change

d)

always sticks to the plan