People Skills and Decision Making in Business
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Questions and Answers

What should you do before performing the instructions to ensure you have acquired the necessary knowledge?

  • Start the skill portion immediately
  • Answer the self-check and activities provided (correct)
  • Inform your teacher of your progress
  • Refer to external sources for information

    • Which term refers to enduring and resisting wear?

  • Hardware
  • Durability (correct)
  • Flowchart
  • Checklist

    • What does the term 'Hardware' refer to in the context provided?

  • The steps in a process
  • A software program
  • A checklist for organizing data
  • Electronic and mechanical components of a computer system (correct)

    • Which learning outcome involves assessing one's own work?

    <p>LO2 - Assess own work</p> Signup and view all the answers

    What should you do after completing the module to check your achievement of knowledge and skills?

    <p>Report to your teacher for an assessment</p> Signup and view all the answers

    Which term describes organizing data by category?

    <p>Checklist</p> Signup and view all the answers

    What do people skills refer to in the context of business?

    <p>Effective communication and relationship building</p> Signup and view all the answers

    Why are people skills considered crucial for success in business?

    <p>They can make a significant difference in the success of a business</p> Signup and view all the answers

    What is an essential trait of successful entrepreneurs according to the text?

    <p>Fast and wise decision-making</p> Signup and view all the answers

    What should sound decisions be based on according to the text?

    <p>Given facts and information</p> Signup and view all the answers

    Why is the ability to make wise decisions crucial for an entrepreneur?

    <p>It contributes to achieving business objectives</p> Signup and view all the answers

    What is the purpose of the PECs checklist mentioned in the text?

    <p>To assess personal entrepreneurial competencies</p> Signup and view all the answers

    Which personal trait is described as having self-reliance in one's ability?

    <p>Confident</p> Signup and view all the answers

    What is the key attribute of an entrepreneur who is always looking for opportunities to earn income?

    <p>Profit-oriented</p> Signup and view all the answers

    Which competency involves effective and efficient communication skills and relating well to people?

    <p>People skills</p> Signup and view all the answers

    What is the entrepreneurial strength defined as always sticking to the plan?

    <p>Disciplined</p> Signup and view all the answers

    Which trait involves being innovative to have an edge over competitors?

    <p>Creative</p> Signup and view all the answers

    Which competency refers to making wise decisions towards set objectives?

    <p>Sound decision maker</p> Signup and view all the answers

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