1) In your own words, how would you define entrepreneurship?
2) There are several entrepreneurial myths. Which ones do youfind most interesting or thought provoking and why?
3) Identify an entrepreneurial firm, public or private, andexplain what makes them entrepreneurial.
Expert Answer
Entrepreneurship can be defined as a process in which a persontries to establish a new business venture and takes some financialrisks so that he or she can earn some profit in the future. Inother words, it can be seen as an act of creating, launching andoperating a new business organization on a smaller scale.
There are a number of myths associated with
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