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
