Personal Entrepreneurial Competencies Quiz
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Questions and Answers

What characteristic does Henry Sy exemplify based on the provided text?

  • Disciplined
  • Self-Confident
  • Committed
  • Hardworking (correct)
  • Which PEC is highlighted in Diosado P. Banatao's quote?

  • Hardworking
  • Self-Confident (correct)
  • Ability to Accept Change
  • Creative
  • Who is associated with the phrase 'What will I buy with my money?' in the text?

  • Dr.
  • Edgar Sia (correct)
  • Tony Tan Caktiong
  • Socorro C. Ramos
  • Which PEC is related to being open-minded and embracing new ideas?

    <p>Ability to Accept Change</p> Signup and view all the answers

    Who is known for being dedicated with solid commitment according to the text?

    <p>Socorro C. Ramos</p> Signup and view all the answers

    Which entrepreneurial trait is highlighted by the statement 'must look beyond and check what is new'?

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

    Which skill is highlighted as the ability to think quickly and make wise judgments towards pre-determined objectives?

    <p>Decision Making</p> Signup and view all the answers

    What led to the development of LactoPAFI probiotic bacteria according to the text?

    <p>Experimentation and observation</p> Signup and view all the answers

    Who realized that importing brought about high risk and low profitability in the text?

    <p>John Gokongwei</p> Signup and view all the answers

    Which career path allows individuals to be their own boss?

    <p>New Venture Creation</p> Signup and view all the answers

    Which entrepreneur started preparing 'healthier' food options for those who had to rely on canned or frozen goods?

    <p>Corazon D. Ong</p> Signup and view all the answers

    What characteristic is described as putting oneself in a position where one is personally responsible for the outcome of the business?

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

    Study Notes

    Entrepreneurial Characteristics

    • Henry Sy exemplifies the characteristic of being dedicated with a solid commitment.
    • Being open-minded and embracing new ideas is related to the PEC of curiosity.
    • Looking beyond and checking what is new highlights the entrepreneurial trait of being proactive.

    Entrepreneurial Skills

    • Thinking quickly and making wise judgments towards pre-determined objectives is an example of the skill of decisiveness.

    Business Ventures

    • Diosado P. Banatao's quote highlights the PEC of resourcefulness.
    • Henry Sy's success led to the development of LactoPAFI probiotic bacteria.
    • An entrepreneur realized that importing brought about high risk and low profitability.

    Career Paths

    • Entrepreneurship is a career path that allows individuals to be their own boss.

    Business Innovations

    • An entrepreneur started preparing 'healthier' food options for those who had to rely on canned or frozen goods.

    Business Responsibility

    • Taking personal responsibility for the outcome of the business is an example of the characteristic of accountability.

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    Description

    Test your knowledge on the important characteristics that individuals should possess to effectively perform entrepreneurial functions. This quiz covers topics such as hard work, self-confidence, and other key competencies essential for entrepreneurship.

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