Instruction: Read the following questions and write the correct answer on your answer sheet.

1. What PEC’s must an entrepreneur if he/she is interested in money generation?

a. PROFIT-ORIENTED
b. FUTURE-ORIENTED
c. GOAL-ORIENTED
d. All of the above
2. The following are the fundamental characteristics of an entrepreneur EXCEPT.
a. FUTURE ORIENTED
b. COPES WITH UNCERTAINTY
c. COMMITTED
d. SMALL-MINDED
3. This involves developing and using logical, step-by-step plans or offering evaluation alternatives,
monitoring progress and switching to successful strategies to achieve the goals you want.
a. SET YOUR OWN STANDARD
b. TAKE THE INITIATIVE
c. WILLING TO LISTEN
d. RESPONDS TO FEEDBACK
4. It refers to the ability to take measured or calculated risks.
a. PERSISTENT
b. RISK-TAKER
c. HARDWORKING
d. PROFIT-ORIENTED
5. Mr. Chavez believes that, in order to have successful business one should first believe in his/her
self. What trait did he possess?
a. PERSISTENT
b. COMMITTED
c. SELF-CONFIDENT
d. HARDWORKING
6. It is considered as a major priority in the entrepreneurs’ life.
a. WILLING TO LISTEN
b. SET YOUR OWN STANDARD
c. COMMITTED
d. FLEXIBLE
7. Dianne is very flexible and open-minded, she obtains useful feedback and advice from others. What
PEC’s did she demonstrated?
a. Sensitive
b. Reliable
c. Decision-maker
d. Responds to Feedback
8. What does “PECs” stand for?
a. PERSONAL ENTREPRENEURIAL CHARACTERISTICS
b. PERSONAL ENTREPRENEURIAL COMPETENCIES
c. PERSONAL ESTIMATED COMMUNITY
d. PERSONAL ELECTRONIC COMPUTER
9. It is the ability to set a long-term goal needed for the preparation and production of the business.
a. Trustworthy
b. COMMITTED
 c. GOAL-ORIENTED
d. All of the above
10. Which of the following PECs should an entrepreneur possess in order to be patient., strong-willed
and follow his/her own belief despite of any rejection?
a. COMMITTED
b. HARDWORKING
c. RISK-TAKER
d. PERSISTENT