10. Which of the following characteristics is meant by this? "A good entrepreneur develops and follows the steps in the plans diligently to realize goals. A good entrepreneur knows that planning is an effective skill only when combined with action." A. has the initiative B. excellent planner C. sound decision maker D. ability to accept change 11. Which of the following defines being a sound decision maker? A. Xian always sticks to the plan and fights the temptation to do what is unimportant. B. Dave and Lanie exhibit self-confidence to cope with the risks of operating their own business. C. Fiona believes that in making decisions, it should be based on given facts and information and lead towards the pre-determined objectives. D. In her day-to-day business transactions, Liza needs to deal with people because a well-developed interpersonal skill can make a huge difference between success and failure of the business. 12. Select one from the following that best describes being creative. A. Alex puts himself in a position where he is responsible for the failure or success of his business. B. Mr. Cruz and his staff give full commitment and solid dedication to make the ABC Corporation successful. C. Ms. Divina and her group keep on improving their performance to produce good products and/or provide good services. D. Many believed that an entrepreneur should be creative and innovative to stay in the business and in order to have an edge over the other competitors. 13. Capitalize on positive changes to make your business grow. This means that an entrepreneur must have the A. ability to initiate B. ability to accept change C. ability to relate to people D. ability to make sound decisions 14. Being able to have effective and efficient communication and establishing a good relationship to the people working in and out of your business is having A. discipline B. creativity C. flexibility D. people skills 15. Alexia believes that having self-reliance in one's ability and judgment is very important to cope with the risks of operating their own business. Which of the following characteristics also talks about having self- reliance? A. creativity B. hard work C. confidence D. commitment