Final answer:
An entrepreneur is a person who takes risks to organize and invest in a business. Extrapreneurs create their own businesses, while intrapreneurs innovate within existing organizations.
Step-by-step explanation:
An entrepreneur is a person who takes risks to organize and invest in a business in order to produce goods or services. They are often considered "risk-takers" but calculate the risks carefully before investing.
There are two types of entrepreneurship,
extrapreneurship
intrapreneurship, which represent distinct types of entrepreneurial activities.
Extrapreneurs are individuals who create their own businesses outside of existing organizations, while intrapreneurs are individuals who innovate and take risks within an existing organization.