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Unit 1 - P7, P8

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P7 - Explain the skills needed to run an enterprise. P8 - Outline why an entrepreneur should consider the viability of an idea.









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Uploaded on
January 24, 2021
Number of pages
4
Written in
2020/2021
Type
Essay
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Unknown
Grade
A+

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P7,P8,M4,D4



50 Item Entrepreneuralism
Questionnaire Results
Personality Trait Low Fairly-low Average Fairly-high High Score
Achievement
llllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll 41
Striving
Industriousness lllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll 39
Passion llllllllllllllllllllllllllllllllllllllllllllllllllllll 23
Taking Control lllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll 36
Creativity lllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllll 33
Successful entrepreneurs are likely to score highly in many, or even all of these measures,
whereas unsuccessful entrepreneurs or those unsuited to entrepreneurialism may express lower
scores on many of these measures.

Achievement Striving
Achievement striving is a person’s internal motivation to achieve outstanding results and their
propensity to work hard towards goals. A score of 41 indicates a high level of internal motivation to
succeed. You are more driven than the majority of people when meeting goals and striving for
achievement. Your work is of very high priority, possibly even at the expense of your own work life
balance at times. You are very likely to go the extra mile, and/or undertake additional
responsibilities. Despite your high motivation, you may feel that you must achieve even higher
results, rarely being satisfied with your own achievements, causing you to strive ever onwards.

Industriousness
Industriousness is a person’s level of persistence, resistance to stress and self-discipline. A score
of 39 indicates a fairly high level of industriousness. You may operate well in stressful, challenging
situations, but may occasionally require a laidback environment to function well. You may have an
advantage in high pressured environments compared to most people. You may often put in extra
hours at work, or regularly undertake extra responsibilities. You are less likely to procrastinate or
become distracted than most people.

Passion
Passion refers to an individual’s emotional intensity, enthusiasm and emotion based decision
making. A score of 23 indicates an average level of passion. You use emotional factors as
performance enhancers as much as most people. You show about as much enthusiasm for your
work as most people. When making decisions, you are likely to use a mixture of intuition,
emotional intelligence, rationality and logic. Inspiration, motivation and emotional intelligence are
about as important in facilitating job performance as other factors.

Taking Control
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