In this chapter entrepreneurship is defined as the


Question: RESEARCHING DIFFERENT CAREERS

In this chapter, entrepreneurship is defined as the willingness to take risks and the knowledge and ability to use the other factors of production efficiently. An entrepreneur is a person who risks his or her time, effort, and money to start and operate a business. Often, people believe that these terms apply only to small business operations, but recently, employees with entrepreneurial attitudes have advanced more rapidly in large companies.

Assignment:

1. Go to the local library or use the Internet to research how large firms, especially corporations, are rewarding employees who have entrepreneurial skills.

2. Find answers to the following questions:

a. Why is an entrepreneurial attitude important in corporations today?

b. What makes an entrepreneurial employee different from other employees?

c. How are these employees being rewarded, and are the rewards worth the effort?

3. Write a two-page report that summarizes your findings.

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Management Theories: In this chapter entrepreneurship is defined as the
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