INTRODUCTION TO ENTREPRENEURSHIP
DEFINITION OF ENTREPRENEURSHIP
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Question
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F.A.C.E.T.S. stands for:
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Focus, Advantage, Creativity, Economic, Team, Social
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Focus, Ambition, Credibility, Ego, Team, Social
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Focus, Ambition, Credibility, Economic, Team, Social
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Focus, Advantage, Creativity, Ego, Team, Social
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Explanation:
Detailed explanation-1: -FAC, focus, advantage and creativity, are linked talents. E, ego, is temperament. It dictates how efficiently and effectively the talents are exploited. T, team, is a multiplier facet that helps the entrepreneur exploit the FAC characteristics and extend the business.
Detailed explanation-2: -Entrepreneurship competencies combine creativity, a sense of initiative, problem-solving, the ability to marshal resources, and financial and technological knowledge.
Detailed explanation-3: -small business. scalable startups. large company or intrapreneurship. social entrepreneurship. 07-Apr-2022
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