PECs Flashcard

Front

This skill involves the ability to recognize opportunities and act upon them, often by creating new products or services or finding innovative ways to meet market demands

Back

Opportunity Seeking

Front

This skill is characterized by the belief in one's abilities, the courage to take risks to pursue entrepreneurial ventures.

Back

Self-Confidence

Front

It is the ability to effectively communicate ideas, negotiate, build relationship to advance one's business objectives.

Back

Persuasion and Networking

Front

This skill involves carefully planning and managing resources, time, and activities to achieve specific objectives

Back

Systematic Planning and Monitoring

Front

It refers to the capacity to continue working towards a goal or in the face of challenges and setbacks.

Back

Persistence

Front

This skill represents a strong dedication to one's work or business and a willingness to invest time and effort into its success

Back

Commitment to Work Contract

Front

It is the willingness to take calculated risks in entrepreneurship, which may involve financial, personal, or professional risks.

Back

Risk-Taking

Front

An individual who organizes and operates a business/ businesses

Back

Entrepreneur

Front

This skill involves having high standards for the quality and efficiency of one's products or services to satisfy customers and stay competitive

Back

Demand for Efficiency and Quality

Front

Refers to the attitude and behavior of people in business/businesses

Back

Personal Entrepreneurial Competencies