ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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innovates within a business
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builds their own business
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more responsibility
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process of starting one’s own business
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Detailed explanation-1: -The term intrapreneurship refers to a system that allows an employee to act like an entrepreneur within a company or other organization. Intrapreneurs are self-motivated, proactive, and action-oriented people who take the initiative to pursue an innovative product or service.
Detailed explanation-2: -Innovation refers to an individual or organization creating new ideas, such as new products, workplace processes and upgrades to existing services or products. In business, innovation can promote growth, help ensure the organization can compete with new market trends and help generate profit.
Detailed explanation-3: -In the entrepreneurial context, innovation is any new idea, process, or product, or a change to an existing product or process that adds value to that existing product or service.
Detailed explanation-4: -One of many great intrapreneurship examples is DreamWorks Animation. The media behemoth that gave us “Madagascar” and “Kung Fu Panda” offers classes in script writing to its animators so they can develop and pitch their own scripts within the company.