chapter 3 assignment

secretly working on new ideas on company time as well as on personal time is referred to as

Bootlegging

which of the following practices is important for establishing innovation-driven organizations

create a system of feedback and positive reinforcement

collective entrepreneurship, as a concept, refers to

entrepreneurial thinking that is diffused throughout the company

T or F: firms do not need to alter management techniques to encourage corporate entrepreneurship since it tends to occur naturally

false

T or F: skunk works are project groups that work within the traditional lines of authority

false

T or F: systematic evolution of a product or service into newer or larger markets is referred to as radical innovation

false

T or F: the resources of the organization are irrelevant to the ability of the corporate entrepreneur to implement an idea

false

the first step in planning a strategy of entrepreneurship for enterprise is

sharing the vision of innovation

groups that function outside traditional lines of authority permitting rapid turnaround of new ideas as well as instilling a high level of group loyalty are called

skunk works

which of the following is an obstacle to corporate entreneurship?

traditional management techniques

T or F: clever bootlegging of ideas refers to secretly working on new ideas on company time as well as on personal time

true

T or F: in the model of sustained corporate entrepreneurship discussed in the text, a transformational trigger can be internal or external to the company

true

T or F: individuals may avoid corporate entrepreneurial behavior due to the impact of traditional management techniques

true

T or F: one reason that corporate entrepreneurship has become popular is because it allows corporations to tap the innovative talents of the personnel

true

T or F: researchers have identified specific factors that organizations can concentrate on in helping individuals develop more entrepreneurial behavior

true

T or F: the first step in planning a strategy of corporate entrepreneurship is sharing the vision of innovation that executives wish to achieve

true

which of the following is true of corporate venturing?

It is the adding of new businesses or portions of new businesses via equity investments to the corporation

all of the following are reasons for the growth of corporate entrepreneurship except

a desire to dramatically increase profitability

the second step in planning a strategy of entrepreneurship for the enterprise is

developing and encouraging innovation

the major thrust of corporate entrepreneurship is to

encourage innovation

which of the following terms refers to the systematic evolution of a product or service into newer or larger markets

incremental innovation

in restructuring corporate thinking, top management should

promote entrepreneurship through experimentation

which of the following terms refers the inaugural breakthroughs launched from experimentation and determined vision?

radical innovation

transformational triggers in a corporate entrepreneurial environment initiates the need for

strategically adapting to change

identified by researchers, which of the following are specific factors identified by the Corporate Entrepreneurship Assessment Instrument (CEAI) that managers in organizations can concentrate on in structuring an entrepreneurial climate?

top management support, time, autonomy, rewards, and organizational boundaries