Entrepreneurship and Business Opportunities

<p>Increased competition. (B)</p> Signup and view all the answers

<p>Strong brand reputation and customer loyalty. (A)</p> Signup and view all the answers

<p>Focusing on minimizing production costs. (B)</p> Signup and view all the answers

<p>A unique feature or benefit that sets a product apart from its competitors. (A)</p> Signup and view all the answers

<p>Analyzing the company's financial statements. (A)</p> Signup and view all the answers

<p>Dr.Dennis M.Lucas, Sr (C)</p> Signup and view all the answers

<p>Developing marketing strategies for agricultural products (B)</p> Signup and view all the answers

<p>To evaluate the suitability of a site for an agri-crop business (A)</p> Signup and view all the answers

<p>James M.Gaje (C)</p> Signup and view all the answers

<p>Young people interested in starting a career in crop production (C)</p> Signup and view all the answers

<p>Glossary of terms (A)</p> Signup and view all the answers

<p>2nd Floor Dorm G, Philsports Complex, Meralco Avenue, Pasig City, Philippines 1600 (B)</p> Signup and view all the answers

<p>Lourdes Lualhati and Rogelio Limsan (A)</p> Signup and view all the answers

<p>Always looking for ways to increase income. (B)</p> Signup and view all the answers

<p>To test the student's knowledge on the topic of personal entrepreneurial competencies. (D)</p> Signup and view all the answers

<p>Decision-making (A)</p> Signup and view all the answers

<p>It enhances communication and fosters positive relationships with customers and colleagues. (B)</p> Signup and view all the answers

<p>Investing in research and development of innovative agricultural technologies. (A)</p> Signup and view all the answers

<p>Ability to accept change (D)</p> Signup and view all the answers

<p>Developing innovative ideas and solutions that address market needs. (C)</p> Signup and view all the answers

<p>How important is it to have entrepreneurial skills if you want to own a business? (A)</p> Signup and view all the answers

<p>To encourage deeper understanding of PECs. (D)</p> Signup and view all the answers

<p>Comparing one's strengths and weaknesses to the demands of the endeavor. (D)</p> Signup and view all the answers

<p>Developing a comprehensive business plan. (D)</p> Signup and view all the answers

<p>The ability to adapt to change and embrace new opportunities. (B)</p> Signup and view all the answers

<p>To encourage students to share their insights and experiences on PECs. (D)</p> Signup and view all the answers

<p>To encourage self-reflection and critical thinking about PECs. (A)</p> Signup and view all the answers

<p>Conducting a pre-assessment. (B)</p> Signup and view all the answers

<p>To facilitate the sharing of personal experiences and insights on PECs. (D)</p> Signup and view all the answers

<p>To generate profit or additional income. (C)</p> Signup and view all the answers

<p>Maintaining strict control over all financial decisions. (C)</p> Signup and view all the answers

<p>Planning helps in setting goals, maximizing resources, and developing step-by-step actions. (D)</p> Signup and view all the answers

<p>The ability to make quick and wise decisions is essential for navigating challenges and opportunities. (A)</p> Signup and view all the answers

<p>Effective planning is crucial but must be complemented by diligent action for success. (A)</p> Signup and view all the answers

<p>They assume accountability for both the successes and failures of their business. (B)</p> Signup and view all the answers

<p>Effective communication and relationships with individuals both inside and outside the business are essential for success. (C)</p> Signup and view all the answers

<p>The PECs checklist is a tool for finding an entrepreneur's strengths and weaknesses. (B)</p> Signup and view all the answers

<p>Provides a detailed history of the company (A)</p> Signup and view all the answers

<p>Creating a unique and memorable brand identity (D)</p> Signup and view all the answers

<p>The company's competitors and their marketing strategies (A)</p> Signup and view all the answers

<p>Branding is a necessity to stand out and gain customer loyalty. (D)</p> Signup and view all the answers

<p>Conduct market research on consumer demographics (B)</p> Signup and view all the answers

<p>It helps build trust and loyalty with customers. (A)</p> Signup and view all the answers

<p>The potential market for the product or service (B)</p> Signup and view all the answers

<p>To understand the current market landscape and potential challenges (A)</p> Signup and view all the answers

A certification level for competencies in crop production.

Essential skills and knowledge required for crop production.

Evaluating market conditions for agri-crop businesses.

Skills needed to successfully run a business.

Actions taken after harvest to prepare crops for sale.

Sections of the module that guide learning.

General standards indicating required knowledge and skills.

A business focused on producing agricultural crops.

Ability to innovate and think outside the box.

Focus on maximizing income and financial success.

The ability to choose wisely among options.

Trust in one's own abilities and judgment.

Ability to effectively communicate and build relationships.

Willingness to adapt and adjust to new circumstances.

Commitment to put in effort and persistence.

An entrepreneur is accountable for business success or failure.

Strategic thinking and goal-setting to achieve objectives.

Consistent effort in executing plans effectively.

Evaluating one's strengths and development areas in entrepreneurship.

The skills and attributes essential for successful entrepreneurship.

Understanding your PECs helps in selecting suitable entrepreneurial activities.

Establishing personal objectives to motivate and guide learning.

Collaborative discussions that enhance understanding through peer interaction.

Business ideas that are feasible and have potential for profit.

Characteristics important for entrepreneurs, such as resilience and creativity.

Awareness of one's strengths, weaknesses, and potential as an entrepreneur.

Methods used to evaluate one’s entrepreneurial skills and attributes.

Factors in the environment that allow for profit growth.

Factors that limit growth and reduce profit potential.

A tool assessing Strengths, Weaknesses, Opportunities, Threats.

Internal resources and capabilities that give an advantage.

Internal limitations that hinder performance and growth.

External factors that can benefit the business's growth.

External challenges that can harm business potential.

A distinct benefit that makes a product stand out.

The need for a product or service in the market, ensuring ongoing sales.

The process of fulfilling market demand through product offerings by suppliers.

Creating a name, symbol, or design to identify and differentiate a product or service.

A plan that enhances a brand's visibility and connection with consumers.

Key communications that express what your brand stands for.

The bond formed when a brand resonates with consumers' feelings.

A memorable statement capturing the essence of a brand.