Pichot suggested three roles for the intrapreneur in promoting innovation. They generally stick to the processes already in use.Ĩ. They generally stick to the processes already in use.Īnswer: B.
They change the way businesses convert inputs into outputsī. Which statement is not true of entrepreneurs?Ī. Entrepreneurship takes place in a wide variety of contexts.ħ. Entrepreneurship does not take place in social enterprises.Īnswer: C. Entrepreneurship takes place in a wide variety of contexts.ĭ. Entrepreneurship takes place in large businesses.Ĭ. Entrepreneurship takes place in small businesses.ī. Which of these statements best describes the context for entrepreneurship?Ī. Practical exercises, study and critical reflection can be a good way to think aboutĦ. Practical exercises, study and critical reflection can be a good way to think aboutĪnswer: D. You will never become an entrepreneur simply by reading a bookĭ. It’s a discipline and like any other discipline it can be learned.Ĭ. To improve the social welfare of people, e.g. To maintain influence amongst powerful local figures.Īnswer: A. To improve the wealth of the entrepreneurs.Ĭ. The goals motivating entrepreneurial activity can include which of the following options:Ī. an internal venture team), operating within the overarching structure of the parent organization.Ĥ. a semi-autonomous group operating outside the overarching structure of the parent organization.Īnswer: A. a subsidiary of a large corporation developing a new product.ĭ. a spinout venture from a university to commercial a new invention.Ĭ.
an internal venture team), operating within the overarching structure of the parent organization.ī. Intrapreneurship often takes the form of …Ī. A trading organization which serves a social purpose and which can take a variety of legal forms, including co-operative, a limited company and a community interest company.ģ. A trading organization which serves a social purpose and which can take a variety of legal forms, including co-operative, a limited company and a community interest company.Īnswer: D. A social enterprise undertakes social marketing and can take a variety of legal forms, including co-operative, a limited company and a community interest company.ĭ. A trading organization that is motivated by profit and a societal orientation.Ĭ. A commercial organization that seeks to combine a profit seeking motive with the provision of social benefits.ī. What is the definition of the term, ‘social enterprise’?Ī. Entrepreneurs are those persons (business owners) who seek to generate value through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets.Ģ. Entrepreneurs are those people who seek to create value for local communities, people or customers by starting new ventures which exploit new products, processes or markets.Īnswer: B. Entrepreneurs are those persons who seek to create value by starting new businesses with innovative products and services.ĭ. Entrepreneurs are those persons (business owners) who seek to generate value through the creation or expansion of economic activity, by identifying and exploiting new products, processes or markets.Ĭ. Entrepreneurs are those people who start new businesses with the aim of making a profit.ī. Which of the following is the correct definition of the term ‘entrepreneur’, as used by the OECD?Ī. Entrepreneurship and Small Business Management Multiple Choice Questionsġ.