ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

DEFINITION OF ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The practice of giving employees the chance to try out new ideas within a company is called
A
mentoring
B
envisioning
C
intrapreneurship
D
entrepreneurship
Explanation: 

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: -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: -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.

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: -They often act as a catalyst for change, creating a new product, service, process or new business that drives the company forward. The goal of intrapreneurship is to bring an innovative spirit and drive entrepreneurship into established organizations.

There is 1 question to complete.