Mrs. Gina Magno wants to open her own retail business but knows she needs more than just her personal entrepreneurial characteristics to succeed. This quiz aims to help develop her personal entrepreneurial competencies (PECs). It contains multiple choice questions about entrepreneurial traits, characteristics, and concepts such as opportunity seeking, creativity, risk-taking, hard work, persistence, and identifying customer needs. By taking the quiz, Mrs. Magno can assess her existing PECs and identify areas for improvement to help ensure the operational and financial success of her new business.
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G9 Quiz Technology
Mrs. Gina Magno wants to open her own retail business but knows she needs more than just her personal entrepreneurial characteristics to succeed. This quiz aims to help develop her personal entrepreneurial competencies (PECs). It contains multiple choice questions about entrepreneurial traits, characteristics, and concepts such as opportunity seeking, creativity, risk-taking, hard work, persistence, and identifying customer needs. By taking the quiz, Mrs. Magno can assess her existing PECs and identify areas for improvement to help ensure the operational and financial success of her new business.
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Technology & Livelihood
Education 9/10 (CSS) 1st
Quiz
Name: Grade & Section: Score:
I. Multiple Choices. Encircle the letter of the correct answer.
Mrs. Gina Magno opens up her own retail business. She knows that her personal entrepreneurial characteristics are insufficient to ensure a successful operationalization of a business she has in mind. Your answers to questions below will help in developing her PEC’s.
1. Which of the following is NOT considered a characteristic of an entrepreneur?
a. Copes with failure b. Dependent c. Persistent d. Opportunity seeker 2. Mrs. Magno follows and listens to the advice of a friend to be flexible especially if she intends to open a retail business. What PECs has been demonstrated by Mrs. Magno? a. Self-confidence b. Reliable c. Responsive to feedback d. Persistent 3. She tells Mary, her best friend that she has a strong will and does not give up on finding a solution to a business problem. What PEC’s has been demonstrated by Mrs. Magno? a. Hard work b. Persistence c. Self – confidence d. Risk – taking 4. An individual who identifies people’s needs and provides products and services. a. Entrepreneurship b. Entrepreneur c. Entrepreneurial d. Entrepreneurialism 5. The process of creating a business or something new of value by devoting (giving) the necessary time and effort. a. Entrepreneurship b. Entrepreneur c. Entrepreneurial d. Entrepreneurialism 6. Creating new ideas and services for the people. a. Innovative b. Creativity c. Risk-taker d. Outcome-based 7. The ability to anticipate and provide future needs. a. Innovative b. Risk-taker c. Creativity d. Vision 8. The ability to think new ideas and innovate ways of doing things. a. Innovative b. Risk-taker c. Creativity d. Vision 9. The following are examples of people’s basic needs, except; a. Shelter b. Clothing c. Food d. Recreation 10. They are dedicated, driven, focused, and are goal-oriented, and have a strong attention to detail. a. Hardworking b. Confident c. Disciplined d. Change 11. Good entrepreneurs assume all responsibility for the business, and they give full and solid dedication to make the business successful. a. Change b. Committed c. Confident d. Initiative 12. It refers to the ability to develop, organize and manage a business venture along with any of its risk. a. Competencies b. Personal c. Personal Entrepreneurship d. Entrepreneurship Competencies 13. What traits of a successful entrepreneurs always focus their energy on making the business work, and for eliminating the distractions or obstacles in their goals? a. Hardworking b. Confident c. Disciplined d. Change 14. An entrepreneur must build a good reputation, possess the courage to do the right thing, do what you say, walk the talk, be loyal, and be fair in dealing with the subordinates. a. Confident b. Reliable and has a integrity c. Risk taker d. Creative 15. An entrepreneur enters the world of business to generate profit or additional income. a. Reliable and has an integrity b. Goal-orientedc. Profit oriented d. Committed