assignment no. 5

1. Evaluate the different entrepreneurial characteristics under PECs. How does applying similar characteristics help us succeed in other areas of life? Explain your answer by giving examples.

• 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

1. It will help us to gain trust of others.
2. It will help us to believe in our abilities.

Examples:

1. if we tell them the truth.
2. if a person can prove that his or her product have a good quality,

2. Explain how having the  Personal Entrepreneurial Competencies can help you become a successful entrepreneur.

Personal Entrepreneurial Competencies (PECs) can help us become a successful entrepreneur by letting us know what kind of characteristics should we have.