. PEC'S ASSIGNMENT

1.Vigilance for Opportunities -When an entrepreneur sees an opportunity for business,he is quick to take it. Entrepreneurship is a competitive field, and he is always on the lookout for changes to improve his position.

2. Commitment to Work Contract - An entrepreneur always delivers his promise promptly. He values his reputation for dependability and will do everything not to back out on a commitment.

3. Persistence  - An entrepreneur doesn't let setbacks lead to failure. He is so commited to his goal that he finds ways to overcome obstacles and accomplish his tasks he sent for himself.

4. Willingness to Take Risks - An entrepreneur knows that business involves taking risks. It is when one takes his chances with a new venture that better products and services are discovered.

5.  Demand for Efficiency and Quality - a true entrepreneur doesn't settle for anything but the best. He also insists that items of excellent quality be done at the soonest time possible. This increases  his productivity and sets him apart from the competition.

6. Goal Setting - Setting goals gives the entrepreneur a sense of purpose. It inspire him to make definite plans and to follow those plans with concrete action.

7. Information Seeking - An entrepreneur is always searching for new information related to his business. He uses these information to improve his services, satisfy his customers, and be ahead of his competitors.

8. Systematic Planning and Monitoring - The success of an entrepreneur relies greatly on his ability to make detailed plans before starting out on a new venture. He couples with careful evaluation to be aware of his progress every step of the way.

9. Persuasion and Networking - An entrepreneur with a good product or service to offer is able to promote it convincingly. In addition, satisfied costumers will help promote the business through the word of mouth.

10. Self Confidence - An entrepreneur shows confidence in his business because he knows he has done and is doing his best to give his clients the best value for their patronage.


II.Personal Entrepreneurial Competencies is such a guidance for our business.It can guide us  to the success of being an entrepreneur, if we obey what i it says.