iccc quiz 3

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Which of the following helps account for the rise of interest in corporate entrepreneurship? Group of answer choices

An increase in corporations losing some of their best people.

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

a desire to dramatically increase profitability.

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

bootlegging.

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.

Collective entrepreneurship, as a concept, refers to

entrepreneurial thinking that is diffused throughout the company

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

incremental 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:

promote entrepreneurship through experimentation.

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

radical innovation

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

sharing the vision of innovation.

Transformational triggers in a corporate entrepreneurial environment initiates the need for

strategically adapting to change.

Which of the following are specific factors identified by researchers, that organizations can concentrate on in structuring an entrepreneurial climate.

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

Which of the following is an obstacle to corporate entrepreneurship?

traditional management techniques

Which of the following would not be considered as encouraging to an entrepreneurial environment?

uniform compensation


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