TLE reviewer
PECs stands for?
Personal Competencies and Skills
offer the same products are competing for the same potential market. For example, Staedler vs Faber Castel.
direct competitors
offers alternative products other than what you’re offering. For example, a pizza shop vs a fried
chicken house.
indirect competitor
competes for the financial resources of your customer but don’t offer exactly what your business does. For example,
DVD rental vs cable TV.
substitutes or new entrants
the result of the manufacturing process, to be offered to the marketplace to satify need or want.
product
the study of a population based on factors such as age, race, sex, economic status, level of education, income level and employment, among others.
demographics
Habits or behaviors currently prevalent among consumers of goods orservices.
purchasing trends
Having or showing the capacity to become or develop into something in the future.
potential
An acceptance that a statement is true or that something exists.
belief
a person with special knowledge or skills in a particular area of endeavor.
domain expert
It is a process of creatively converting ideas into goods and services which can be marked to obtain profit and to contribute in improving the people’s quality of life.
entrepreneurship
A person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.
entrepreneur
A distinguishing characteristic, property, or attribute.
qualities
are individuals who practice a learned profession and turned
his profession into entrepreneurial activity.
practitioner entrepreneurs
are those individuals with natural talent or gifted individuals in a particular skill where they accidentally discover and need to be developed so that they can
build their own business.
natural entrepreneurs
work that is done for others as an occupation or business.
service
short article giving a description of a person or organization.
profile
In the fast-paced world of technology, acquiring skills in ___ makes you a stronger and more efficient entrepreneur.
programming
skill for the 21st century
coding
is one of the most popular core technologies for displaying web pages.
java
A good entrepreneur should possess_____to achieve_____
qualities, success
According to ___, one reason that several of the world’s leading CEOs are so effective in leading people is that they are always trying to improve themselves, not just asking everyone else to improve.
Marshall Goldsmith
it is important that your competencies must be
____ to become a successful entrepreneur in the programming
industry.
aligned with a practitioner
He or she must have a ____ relationship with life.
positive
He or she _____ that every challenge is a rare opportunity to discover more about oneself and also become a stronger person.
believes
He or she must be _____ about something.
passionate
He or she must be ____ on researching an idea.
silling to work full-time
He or she must have a skill in____ to create a web, email prospective customers.
writing
He or she must have a skill in ____
selling
He or she must have _____ and ____.
management, leadership
He or she must be determined to pick the ____
right programming language
He or she needs to have immense ___ and ___ for the work.
conviction, patience
he or she need to have a certain amount of___
global sensibilities