Lesson 1: Personal Entrepreneurial Competencies (A Review)

1. These are the characteristics present among entrepreneurs.

• Attitudes

• Emotions

• Competencies

• Risk

2. ______________ is an individual who owns and manages the business. He/she is the one who is involve in the different activities of Entrepreneurship.

• Entrepreneur

• Teacher

• Student

• Salesman

3. TRUE OR FALSE. Being an entrepreneur is an easy task.

• TRUE

• FALSE

4. What competency of an entrepreneur is being described in this statement: "I believe in myself despite the many challenges that I am facing."

• Persistent

• Risk Taker

• Self-Confident

• Hardworking

5. Which of the following situations best describes a committed entrepreneur?

• Kathryn fails so many times in her business but she still keeps going.

• Belinda knows how to respond to the present situation or opportunities in front of her.

• Deib tries to sell in his coffee shop a new flavor of drink even though the flavor is still new to the market

• Daniel did not join his friends for a vacation because he has a lot of things to attend to in his business

6. TRUE OR FALSE. Being an entrepreneur doesn't require you much to put effort in creating your products and services.

• TRUE

• FALSE

7. TRUE or FALSE. In business, researching information about the trends, your competitors, and new marketing techniques are necessary to help your business grow.

• True

• False

8. Are you now ready for the continuation of our discussion?

• YES!! I'm excited :)

• Not Yet ;( I still want to to go back to the lesson.

Answer explanation

Keep going, grade 7! You can do it :) I believe in you!