solutions
personal entrepreneurial competencies - ANSWERSPECs
those with skills and capabilities to see and evaluate business opportunities -
ANSWERSentrepreneurs
agents of economic change - ANSWERSentrepreneurs
strategic PROCESS of innovation and new product creation - ANSWERSentrepreneurship
goals and targets - learning process - ultimate goal - ANSWERSstrategic process to achieve
refer to the important characteristics that should be possessed by an individual in order to
perform entrepreneurial functions effectively - ANSWERSentrepreneurial competencies
hardworking, confident, disciplined, committed, ability to accept changes, creative, (has)
initiative, profit-oriented (dicc chap) - ANSWERSimportant traits of a good entrepreneur
working diligently and being consistent - ANSWERShardworking
self-reliance in one's ability and judgement - ANSWERSconfident
always stick to plan and fight the temptation - ANSWERSdisciplined
, assume full responsibility over their business - ANSWERScommitted
nothing is permanent but change ;(( - ANSWERSability to accept change
should be innovative to have the edge over other competitors - ANSWERScreative
putting self in a position where you are responsible for the failure or success of your business -
ANSWERSinitiative
enter the world of business to generate profit or additional income - ANSWERSprofit-oriented
excellent planner, possesses people skills, sound decision maker - ANSWERSimportant skills of
entrepreneur
needs and wants - ANSWERS______ and ________ of the people in a certain area that are not
met may be considered business opportunities
environment and market - ANSWERSto be successful in any kind of business venture,
entrepreneurs should look closely at __________________________________
factors that provide possibilities for a business to expand and make more profit -
ANSWERSopportunities (in business environment)
factors that limit business growth - ANSWERSconstraints
one of the best ways to EVALUATE opportunities and constraints - ANSWERSSWOT analysis
managerial tool used to assess environment - ANSWERSSWOT analysis