Entrepreneurial Competencies doesn't include : (A) Assertiveness (B) Solving Problem (C) Persuasion (D) Monitoring (E) Appearance Choose the correct answer from the options given below : |
(E) only (A) and (B) only (A), (B) and (E) only (A), (B), (C) and (D) only |
(E) only |
The correct answer is option (1)- (E) only. Entrepreneurial Competencies doesn't include Appearance .
EDI has identified a set of 15 competencies that contribute toward entrepreneurial performance and success. These are as follows- 1) Initiative: Acting out of choice rather than compulsion, taking the lead rather than waiting for others to start. 2) Sees and Acts on Opportunities: A mindset where one is trained to look for business opportunities from everyday experiences. 3) Persistence: A ‘never say die’ attitude, not giving up easily, striving continuously until success is achieved. 4) Information seeking: Knowing and knowing who knows, consulting experts, reading relevant material and an overall openness to ideas and information. 5) Concern for High Quality of Work: Attention to details and observance of established standards and norms. 6) Commitment to Work Contract: Taking personal pains to complete a task as scheduled. 7) Efficiency Orientation: Concern for conservation of time, money and effort. 8) Systematic Planning: Breaking up the complex whole into parts, close examination of the parts and inferring about the whole; e.g. simultaneously attending to production, marketing and financial aspects (parts) of the overall business strategy (the whole). 9) Problem-solving: Observing the symptoms, diagnosing and curing. 10) Self-confidence: Not being afraid of the risks associated with business and relying on one’s capabilities to successfully manage these. 11) Assertiveness: Conveying emphatically one’s vision and convincing others of its value. 12) Persuasion: Eliciting support of others in the venture. 13) Use of Influence Strategies: Providing leadership. 14) Monitoring: Ensuring the progress of the venture as planned. 15) Concern for Employee Welfare: Believing in employee well being as the key to competitiveness and success and initiating programmes of employee welfare. |