Final answer:
Entrepreneurship refers to the willingness and innovation needed to risk starting a business and can include activities in major corporations.
Step-by-step explanation:
Entrepreneurship refers to the willingness and innovation needed to risk starting a business and can include activities in major corporations. Entrepreneurs take on the role of organizing productive resources and providing their own investment to produce goods or services. They are considered risk-takers but carefully calculate risks before investing their money in a project.