ENTREPRENEURSHIP IN COMMERCIAL COOKING Entrepreneur – a person who organizes, develops, operates, and engages in his/her own business Entrepreneurship – organizing, developing, operating, and engaging in one's own business Personal Entrepreneurial Competencies
(PECS) – qualities, characteristics, skills, abilities
he entrepreneurial qualities, more known as the Personal Entrepreneurial Competencies (PECs) are as follows: (1) Opportunity Seeking, (2) Persistence, (3) Commitment to Work Contract, (4) Risk-taking, (5) Demand for Efficiency and Quality, (6) Goal Setting, (7) Information Seeking, (8) Systematic Planning
Entrepreneurial Character Traits
Achievement cluster.
Planning cluster.
Power cluster.
A combination of passion, persistence, and risk-taking that fuels their success. Passion for their work is the driving force behind successful entrepreneurs. They have confidence in their vision and will work eagerly to make it a reality. THIS ALSO PERTAINS TO THE TRAITS THAT A BUSINESS OWNER MUST POSSESS TO SECURE PROFITABILITY AND SUCCESS IN HIS BUSINESS
