Corporate Entrepreneurship Components and Challenges
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Questions and Answers

What is a key component in establishing corporate entrepreneurship?

  • Product development
  • Opportunity identification (correct)
  • Sales and marketing
  • Human resources management

    • Which factor is NOT one of the considerations when setting up a new venture?

  • Search for employees
  • Leadership
  • Business model search
  • Employee satisfaction survey (correct)

    • What is a key challenge in corporate entrepreneurship according to the text?

  • Ensuring employee engagement
  • Managing office politics
  • Balancing work-life integration
  • Balancing operational experience with invention (correct)

    • In corporate venturing, what are the main goals for corporations engaging with start-ups?

    <p>Generating financial returns and gaining insights and influence</p> Signup and view all the answers

    What is a distinguishing feature between Corporate Incubation and Startup Program (Platform) in terms of their main goals?

    <p>Their emphasis on product innovations vs. platform establishment</p> Signup and view all the answers

    Why is corporate entrepreneurship considered necessary for companies according to the text?

    <p>To keep up with fast-changing waves of innovation</p> Signup and view all the answers

    What kind of barriers to corporate entrepreneurship are mentioned in the text?

    <p>Economic, cognitive, social/psychological, and political barriers</p> Signup and view all the answers

    What does the case of Enron illustrate about corporate entrepreneurship?

    <p>Autonomy is required but should be well-managed</p> Signup and view all the answers

    In the context of new businesses and corporate entrepreneurship, what challenges are mentioned in the text?

    <p>Lack of hard data, unconventional thinking requirement, and poor fit with old systems</p> Signup and view all the answers

    Which response approach is associated with diffused responsibility in the text?

    <p>All employees are responsible for new businesses</p> Signup and view all the answers

    What is emphasized as a key aspect of balancing trial-and-error strategy and discipline in the context of corporate entrepreneurship?

    <p>Learning from small samples</p> Signup and view all the answers

    What is highlighted as an essential action to balance new business' identity and integration?

    <p>Assigning corporate and operational sponsors</p> Signup and view all the answers

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