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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entrepreneurship
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creating a vision
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implementing a mission
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intrapreneurship
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Detailed explanation-1: -What Is Intrapreneurship? 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: -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.
Detailed explanation-3: -An Intrapreneurship Example of Reaching Into New Markets Ken Kutaragi is the intrapreneur behind the launch of the first Sony’s PlayStation in December 1994 in Japan. It eventually became the first “computer entertainment platform” to ship over 100 million units, doing so in under a decade.
Detailed explanation-4: -Intrapreneurship is acting like an entrepreneur within an established company. It’s creating a new business or venture within an organization.
Detailed explanation-5: -Provide the right culture – one that encourages thinking outside of the box and different perspectives. Challenge your staff. Be clear what your business is looking for. Offer incentives, whether this is monetary or simply praise and recognition. More items