HOMEWORK #4 PEC's DEADLINE: June 16

1. Evaluate the different entrepreneurial characteristics under PEC's. How does applying similar characteristics help us succeed in the other areas of life? Explain your answers by giving examples.
2. Explain how having the Personal Entrpreneurial Competencies can help you become a successful entrepreneur.

answers:

1. The different entrepreneurial characteristics under PEC's are: Vigilance for Opportunities, Persistence, Commitment to work contract, Demand for quality and efficiency, Goal Setting, Willingness to take risks, Persuasion and Networking, Self Confidence, Information seeking, Systematic Planning & Monitoring.  This characteristics helps us succeed  in our areas of life and also makes us a better entrepreneur. For example, you need this characteristics at school to be able to succeed and have a high grade. Another is starting a business, you need all of this characteristics to make your business grow.

2. This may help me in many areas of life, not being a businessman (im too young), but being a student in school. But when time pass by, this may help me become  a successful entrepreneur.