PECs

2. •Refers to the key
characteristics that should
be possessed by
successful entrepreneurs
in orders to perform
entrepreneurial function
effectively.

3. • COMPETENCIES- are defined
as the combination of
knowledge, abilities and
attitudes needed to
accomplish a role efficiently
• ENTREPRENEUR- A person
who organizes and operates a
business or businesses,
taking on greater that normal

4. PLANNING
CLUSTER
ACHIEVEM
ENT
CLUSTER
POWER
CLUSTER

5. ACHIEVEMENT
CLUSTER
OPPORTUNITY
SEEKING
COMMITMENT TO
WORK
CONTRACT
PERSISTENCE
RISK-TAKING
DEMAND FOR
EFFICIENCY AND
QUALITY

6. PLANNING CLUSTER
GOAL
SETTING
INFORMATIO
N SEEKING
SYSTEMATIC PLANNING AND
MONITORING

7. POWER CLUSTER
PERSUASION AND
NETWORKING
SELF-CONFIDENCE

8. •Have a good eye for
spotting business
opportunities and acts
on these opportunities
appropriately.
OPPORTUNITY SEEKING

9. •Do not easily give up in
the face of obstacles.
They will take repeated
or different actions to
overcome the hurdles
of business.
PERSISTENCE

10. •Do their best to
satisfy costumers
and to deliver what
is promised
COMMITMENT TO WORK
CONTRACT

11. •Take moderate risk
•State a preference for
situations that involve
moderate risk
Risk taking

12. •Do things that meet
existing standards of
excellence
•Strive to do things
better, faster, and

13. •Should always have clear
and specific objective (a
long term and short term
objective)
•They are guided by the
word SMART (specific,
Measurable, Attainable,
GOAL
SETTING

14. •Entrepreneurs do not stop
seeking information for
their businesses for
improvement of the
company.
•Information-seeking on
clients, supplies, and
INFORMATIO
N SEEKING

15. • Developing and using logical, step by
step plans, monitor progress and
switch to alternative strategies.
Ways that are used by the entrepreneurs
to exercise systematic planning and
monitoring:
• Learn from mistakes
• Constantly review performance
SYSTEMATIC
PLANNING AND
MONITORING

16. • Go back and review goals
• If still unproductive, accept
changes, but find other means
to achieve goals.
• Tries to change environment if
the environment is the cause of
the low standard performance.

17. •Posses a strong believe in
their abilities
•Express confidence in their
own ability
•They believe their business
to be successful and
profitable
SELF-
CONFIDENCE

18. •Should use deliberate
strategies to influence
others
•Use their business and
personal contact to
accomplish their
objectives
PERSUASION AND
NETWORKING

19. 1. What is Environment and
Market?
2.How to differentiate the
Product and Services?
3.Why it is important to know
about Environment and
Market?
Research your Assignment And