ent 396 ch3 hw
Which of the following helps account for the rise of interest in corporate entrepreneurship?
. 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.
Develop a well-defined hierarchical structure, and stick to it.
F
Discourage joint projects and ventures among different departments.
F
Encourage structured activity.
F
Fire those who make mistakes as a way of creating a good example for others.
F
Make extensive use of formal meetings.
F
Allow bootlegging of ideas.
T
Encourage a bias for action.
T
Encourage brainstorming.
T
In the model of sustained corporate entrepreneurship discussed in the text, a transformational trigger can be internal or external to the company.
T
Individuals may avoid corporate entrepreneurial behavior due to the impact of traditional management techniques.
T
One reason that corporate entrepreneurship has become popular is because it allows corporations to tap the innovative talents of the personnel.
T
Provide feedback on performance.
T
Researchers have identified specific factors that organizations can concentrate on in helping individuals develop more entrepreneurial behavior.
T
The first step in planning a strategy of corporate entrepreneurship is sharing the vision of innovation that executives wish to achieve.
T
Secretly working on new ideas on company time as well as on personal time is referred to as
a. bootlegging.
The major thrust of corporate entrepreneurship is to
a. encourage innovation.
In restructuring corporate thinking, top management should
b. promote entrepreneurship through experimentation.
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:
d. skunk works.
Which of the following are specific factors identified by researchers, that organizations can concentrate on in structuring an entrepreneurial climate.
d. top management support, time, resources, rewards, and organizational boundaries
Which of the following terms refers the inaugural breakthroughs launched from experimentation and determined vision?
radical innovation
Which of the following would not be considered as encouraging to an entrepreneurial environment?
uniform compensation
Skunk works are project groups that work within the traditional lines of authority.
F`
Firms do not need to alter management techniques to encourage corporate entrepreneurship since it tends to occur naturally.
F
Many ways of developing corporate entrepreneurship exist. Decide if the following action would help develop corporate entrepreneurship (True) or not (False) set implicit goals
F
Systematic evolution of a product or service into newer or larger markets is referred to as radical innovation.
F
The first step in planning a strategy of entrepreneurship for enterprise is
a. sharing the vision of innovation.
Transformational triggers in a corporate entrepreneurial environment initiates the need for
a. strategically adapting to change.
The second step in planning a strategy of entrepreneurship for the enterprise is
c. developing and encouraging innovation.
Collective entrepreneurship, as a concept, refers to
d. 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?
d. incremental innovation
Which of the following is an obstacle to corporate entrepreneurship?
d. traditional management techniques
The resources of the organization are irrelevant to the ability of the corporate entrepreneur to implement an idea.
F
