ENTREPRENEURIAL COMPETENCIES

Key characteristics that should possessed by successful entrepreneurs in order to perform entrepreneurial function effectively

• entrepreneurial competencies

• entrepreneurial skills

• entrepreneurship

• entrepreneurial knowledge

This means working diligently and being consistent to produce good product and services

• hardworking

• confident

• disciplined

• committed

Successful entrepreneurs always stick to the to the plan and fight the temptation to do what is unimportant

• hardworking

• confident

• disciplined

• committed

Good entrepreneurs assume full responsibility over their business

• hardworking

• confident

• disciplined

• committed

Entrepreneurs have self-reliance in one's ability and judgement

• ability to accept change

• confident

• creative

• has initiative

You must put yourself on the position where you are responsible for the failure or success of business

• ability to accept change

• confident

• creative

• has initiative

Important skills of a successful entrepreneurs are the following EXCEPT

• excellent planner

• possess people skills

• mathematical skills

• sounds decision makers

Interpersonal skills or people skills is a very important skill needed in order to be successful in any kind of business. It refers to effective and efficient communication and establishing good relationship to people.

• True

• False

Which of the following words is not associated with entrepreneur?

• innovative

• impulsive

• collaborative

• creative

Which of the following is not true

• Entrepreneurship create organizations

• Improves the life of the entrepreneur alone

• Entrepreneurs improves the economy

• Noneofthechoices