Q. Evaluate the different entrepreneurial characteristics under PEC's? How does applying similar characteristics help us succeed in the other area of life? Explain your answer by giving example?
A. ~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
~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
This characteristics can help to be successful in the field of business, studies, work etc. Like for example in studies I should have to set a goal and what I should become after 10 years from now. The determination and perseverance that needs to hold on in the process. And in business we should not afraid to take the risk if we know that the outcome will be beneficial to everyone. Think positive
Q. Explain how having the personal entrepreneurial competencies can help you become a successful entrepreneur?
A. PEC's can help me become a successful entrepreneur in giving a positive motivation despite of the challenges on the way. To become succeed in business, I must possess leadership and creative qualities that will enable to take risks and respond to the ups and downs of entrepreneurship. Once the Credibility and Integrity will build in me good reputation will grow in it because people will actually believe me for what I do and what I render to them.
