Identifying And Assessing The Characteristics or Traits of an Entrepreneur Flashcards

1
Q

Being honest and having strong consistent ethical values

A

Virtuous

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2
Q

Refers to controlling one’s actions, thoughts, and behaviors to achieve specific goals and objective

A

Self-disciplined

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3
Q

Must be hard working and punctual without shortchanging the quality of their products and services

A

Professional

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4
Q

Crucial in attaining the entrepreneurs goals and business objectives; this is sometimes used in
outsmarting other businesses

A

Competitive

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5
Q

Known as the survival of the fittest

A

Competitive

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6
Q

Require extra efforts, energy, time ,
and resources by the entrepreneur to accomplish a target task or project

A

Hardworking

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7
Q

Believing in one’s self and his/her capabilities to achieve set goals and objectives

A

Self-confident

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8
Q

Create businesses and jobs for
the future of their children , the country and themselves. However, entrepreneurs understand that economic stability is along process and will take time to be realized

A

Forsighted

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9
Q

Good in setting realistic targets are likely to succeed in their business ventures

A

Goal-oriented

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10
Q

Knows how to manage their profit so that their business may continue to proper and expand for their own benefit and for the welfare of their workers

A

Profit-oriented

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11
Q

A coping mechanism should be in place to avoid disappointments and adjust to challenging conditions

A

Adaptable

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