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

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

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

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

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

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

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

Which career path allows individuals to be their own boss?

<p>New Venture Creation (D)</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 (B)</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 (B)</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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