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Exercise Chapter 02: Entrepreneurial Motivation & Competencies

Entrepreneurial motivation and competencies are discussed. PECs refers to entrepreneurial competencies which are key characteristics successful entrepreneurs possess, including achievement orientation. There are three categories of social motives that determine human behavior, such as altruism or helping others. Entrepreneurial motivation comes from within an individual and drives them to start a business.

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Emellda MA
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477 views4 pages

Exercise Chapter 02: Entrepreneurial Motivation & Competencies

Entrepreneurial motivation and competencies are discussed. PECs refers to entrepreneurial competencies which are key characteristics successful entrepreneurs possess, including achievement orientation. There are three categories of social motives that determine human behavior, such as altruism or helping others. Entrepreneurial motivation comes from within an individual and drives them to start a business.

Uploaded by

Emellda MA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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EXERCISE CHAPTER 02: ENTREPRENEURIAL MOTIVATION & COMPETENCIES

PART C: ESSAY
1. Define the term below:
a. PECs
b. Entrepreneurial motivation
2. List out common characteristics associated with achievement oriented entrepreneurs.
3. There have three general categories of social motives as important determinant of human behavior.
Briefly explain about this with related example.
4. The term entrepreneurial competencies refers to key characteristics that should be possessed by
successful entrepreneurs in order to perform entrepreneurial functions effectively. Briefly explain all of
that.

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