1. Discuss four of the ten major ‘myths’ of management. (entrepreneurs are always inventors, entrepreneurs are academic and social misfits, Entrepreneurs are doers, not thinkers, Entrepreneurs are born, not made, Entrepreneurs must fit the "profile" , All Entrepreneurs Need Is Money, All Entrepreneurs Need Is Luck, Ignorance is bliss for an entrepreneur, Entrepreneurs seek success but experience high failure rates, Entrepreneurs are extreme risk takers (gamblers) )
2. Write a comprehensive definition of ENTREPRENEURSHIP.