Ch 3 entr

Which of the following helps account for the rise of interest in corporate entrepreneurship

Corporations are now losing some of their best people

Entrepreneurial characteristics include

a strong drive to succeed

Employee perception of _____ is critical for the success of corporate entrepreneurship

an innovation environment

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

bootleging

Developing corporate entrepreneurial managers involves teaching them to

break out of the box

The person who has the opportunity to lead and "run" with an idea would be coined which of the following

champion

Intrapreneurship is also referred to as

corporate entrepreneurship

Precipitating events in the corporate entrepreneurship process could include

development of new technologies

_____ people thoroughly understand the concept of corporate entrepreneurship

few

Key features in the success of any innovation program include all of the following except

high profitability

Which of the following terms represents the systematic evolution of a product or service into newer or larger markets

incremental innovation

Corporate entrepreneurial activity takes place _____ the firm

inside

In restructuring corporate thinking, top management should

promote entrepreneurship through experimentation

In following the rules for innovation, a manager should do all of the following except

punish failure

All of the following are important characteristics for establishing an intrapreneurial climate except

punishment of mistakes

Success of the corporate entrepreneurship plan depends on

resources provided by the firm

Rewards should be based upon _____ to encourage the desired behavior

results

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 turn around of new ideas as well as instilling a high level of group loyalty are called

skunkworks

The adverse impact of _____ can be so destructive that individuals within the enterprise will tend to avoid entrepreneurial behavior

traditional management techniques

In an innovative climate, failure is viewed as

a learning experience

Which of the following is not a strategy for corporate entrepreneuring

decrease the use of third-party contracts

One step an organization can take to make its corporate environment more innovative is to

gain top management support of an entrepreneuring program

Authoritarian management is being replaced by

networking

One research model illustrated the process of entrepreneurship as an interaction of which elements

organization, individual, precipitating event

One reason why corporate entrepreneurship has done so well is that it allows organizations to

tap the innovative talents of their people

In attempting to create an entrepreneurial climate, the organization should consider that

the corporations that promote personal growth will attract the best people

Which of the following are innovative rules that the 3M Corporation uses to encourage its employees to foster ideas

tolerate failure

Which of the following is an obstacle to corporate entrepreneurship

traditional management techniques

Innovative factors identified by James Brian Quinn tha exist in large organizations experienced in successful innovation include all of the following except

uniform compensation

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

uniform compensation

Corporate entrepreneurial strategy should be thought of as

vision directed

Which of the following is not a question in the corporate entrepreneurial planning process

Have you met government regulations for innovation?

Which is NOT a precipitating event that Zahra identifies as motivating the decision to act entrepreneurially

a big increase in earnings

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

Internal venture capital that is set aside for special entrepreneurial projects is termed

intracapital

Typically, when faced with setbacks or failure, entrepreneurs

remain optimistic and view it as a learning experience

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

a desire to dramatically increase profitability

Bureaucrats in an organization must

learn to give way to intrapreneurs

In order to develop an entrepreneurial environment, factors that organizations need to be aware of include

management support and rewards & autonomy and time

Which of the following is an advantage to developing an entrepreneurial environment

the firm helps to retain and motivate the best employees

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 will help to foster an innovative climate

encourage action from employees

Brazeal's model for internally developed corporate entrepreneurial ventures emphasizes

institutionalized innovation

Sustaining corporate entrepreneurship requires

keeping the corporate vision strong

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

radical innovation

Which of the following was one of the factors Drucker mentions to explain the development of the entrepreneurial economy

the rapid evolution of technology and knowledge

Entrepreneurship within the corporate structure allows employees to develop their ideas without

the risk associated with leaving the company