ENTREPRENEURSHIP

Detailed explanation-1: -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-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: -While entrepreneurs start up and run their own companies, intrapreneurs are responsible for innovating within an existing organization. Successful intrapreneurship utilizes existing frameworks and resources, and this bottom-up approach usually leads to initiatives that advance the wider company.

Detailed explanation-4: -Which of the following is true about intrapreneurs? Intrapreneurs are primarily responsible for selling of shares of stock to the public at large. Intrapreneurs take risks to introduce a new product or process, or pursue innovations that can change the organization in significant ways.