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 time, effort, and money to start and operate a business.

Some people believe that these terms apply only to small businesses. However, employees with entrepreneurial attitudes are often viewed as more valuable and can advance more rapidly in large companies.

Assignment
1. Use the internet or go to the local library and research how large firms, especially large corporations, are rewarding employees who have entrepreneurial skills.
2. Find answers to the following questions:

a. Why is an entrepreneurial attitude important in large 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.