Questions:
1. Evaluate the different entrepreneurial characteristics under PEC's. How does applying similar characteristics help us succeed in the other areas of life? Explain your answers by giving examples.
Questions:
2. Explain how having the Personal Entrepreneurial Competencies can help you become a successful entrepreneur.
Answers:
1. ~Vigilance for Opportunities
-Commitment to work contract
-Persistence
-Willingness to take risks
-Demand for efficiency and quality
-Goal Setting
-Information seeking
-Systematic planning and monitoring
-Persuasion and networking
-Self - confidence
-These characteristics can help he/she to be a successful in business , studies, work, etc..~example : in studies, we need to have goal setting,self - confidence,determination/persistence, and we need to be an information seeker.
-Commitment to work contract
-Persistence
-Willingness to take risks
-Demand for efficiency and quality
-Goal Setting
-Information seeking
-Systematic planning and monitoring
-Persuasion and networking
-Self - confidence
-These characteristics can help he/she to be a successful in business , studies, work, etc..~example : in studies, we need to have goal setting,self - confidence,determination/persistence, and we need to be an information seeker.
- 2.PECs can help an entrepreneur to become successful by guiding him/her through this competencies on the important detail of the business and establish various characteristics of a good entrepreneur.
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