ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
CULTURAL DIFFERENCES AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Intrapreneur
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ENtrepreneur
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Either A or B
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None of the above
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Detailed explanation-1: -Entrepreneurial resources are defined as the propensity of an individual to behave creatively, act with foresight, use intuition, and be alert to new opportunities.
Detailed explanation-2: -An intrapreneur is an employee who is given the authority and support to create a new product without having to be concerned about whether or not the product will actually become a source of revenue for the company.
Detailed explanation-3: -Intrapreneurship is simply entrepreneurship in an existing organization. In many ways, intrapreneurship is easier for an individual than entrepreneurship because it has the support of an existing organization. However, there are both facilitators and barriers to intrapreneurship.
Detailed explanation-4: -Swan Vesta – The matchbox millionaire. Frito-Lay – Flamin’ Hot! McDonald’s – The happiest meal. Amazon – Optimum Prime. Southwest Airlines – Mile high humor. Starbucks – A tall order. Sony – Persistence plays. 3M – Made to stick. More items