Tag: values and qualities of a businessman

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Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

Not every business needs an Entrepreneur, but every business needs an Intrapreneur.

  1. True

  2. False

  3. Partly true

  4. None of above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Intrapreneurship is like acting as an entrepreneur within the organization. Intrapreneurship is a step towards entrepreneurship. It focuses on self motivation and resolving a specific issues which ultimately helps in achieving the major goals. It focuses on minor goals and hence helps to achieve the entrepreneurship goals in long run. Without the minor goals the major goals cannot be achieved. So, intrapreneur are important for a business.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

Internprenueship is a combination of ____________.

  1. entrepreneurship

  2. management skills

  3. entrepreneurship and management skills

  4. none of above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Intrapreneurship is like acting as an entrepreneur within the organization. Intrapreneurship is a step towards entrepreneurship. It focuses on self motivation and resolving a specific issues which ultimately helps in achieving the major goals. It focuses on minor goals and hence helps to achieve the entrepreneurship goals in long run. It is a combination of entrepreneurship and management skills.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

" A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation is ____________".

  1. an entrepreneur

  2. an intrapreneur

  3. an enterprise

  4. an inter manager
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Intrapreneurship is like acting as an entrepreneur within the organization. Intrapreneurship is a step towards entrepreneurship. It focuses on self motivation and resolving a specific issues which ultimately helps in achieving the major goals. It focuses on minor goals and hence helps to achieve the entrepreneurship goals in long run.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

Key charcteristic(s) of Intrapreneurship ____________.

  1. it promotes the managers to be more innovative and take more responsibility while demonstrating charismatic leadership qualities.

  2. intrapreneurship projects are funded by large business organisation and agreed percentage of profits are remitted to the fund provider / head quarters of the business.

  3. intrapreneurship will cultivate entrepreneurial skills / culture within the corporate culture where managers will be motivated to accept more risk.

  4. all of above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Intrapreneurship is being an entrepreneur inside or within the organization. Intrapreneurship will cultivate entrepreneurial skills/culture within the corporate culture where managers will be motivated to accept more risk.

Ir promotes the managers to be more innovative and take more responsibility while demonstrating charismatic leadership qualities and intrapreneurship projects are funded by large business houses and agreed percentage of profits are remitted to the fund provider.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

Management consultant ___________  author of the 1985 book entitled Intrapreneuring.

  1. Maslow

  2. Schumpeter

  3. Peter Drucker

  4. Gifford Pinchot
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Intrapreneurship is like acting as an entrepreneur within the organization. Intrapreneurship is a step towards entrepreneurship. Gifford Pinchot is the author of the 1985 book entitled intrapreneuring.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

Intrapreneur faces competition from ___________.

  1. entrepreneurs

  2. managers

  3. employees within the organization

  4. all the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Intrapreneurship is like acting as an entrepreneur within the organization. Intrapreneurship is a step towards entrepreneurship. It focuses on self motivation and resolving a specific issues which ultimately helps in achieving the major goals. It focuses on minor goals and hence helps to achieve the entrepreneurship goals in long run. It is a combination of entrepreneurship and management skills.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

A person within a company who takes a leadership role and is positioned to help ensure the success of an idea or innovation is often referred to as a __________.

  1. supporter

  2. champion

  3. leader

  4. evangelis
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A Champion is the person who is responsible or is able to achieve success. A person within a company who takes a leadership role and is positioned to help ensure the success of an idea or innovation is often referred to as a Champion.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

Which of the following is a characteristic of intrepreneurship?
X. Intrapreneurship is a risk taking factor, which is responsible for the end result in the form of profit or loss
Y. It cultivates entrepreneurial skills
Z. Its followers are called managers.
Correct option is _________.

  1. X and Y

  2. Y and Z

  3. X and Z

  4. X, Y and Z
Reveal answer Fill a bubble to check yourself
B Correct answer
Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation, is an _________.

  1. intrepreneur

  2. entrepreneur

  3. manager

  4. improver
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

An intrapreneur (also spelled intrapreneur) is an employee within a large organization who takes direct responsibility for turning an idea into a profitable product through assertive risk-taking and innovation. Unlike entrepreneurs who start their own ventures, intrapreneurs work within existing corporate structures to drive innovation and new business development. The term combines 'intra' (within) and 'entrepreneur'.

Multiple choice business organisation and correspondence elements of success in business and qualities of a successful businessman meaning of entrepreneur entrepreneurship – concept, meaning and definition values and qualities of a businessman

According to our discussion, what is the best way a government can support entrepreneurs?

  1. Ensure for access to smart capital

  2. Provides advice and information at one stop shop

  3. Have access to right skill

  4. All of the above.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Governments support entrepreneurship through a multifaceted approach, including providing access to capital, offering centralized advisory services, and fostering skill development. Therefore, all listed options are valid methods of support.