12 Questions
What is a key component in establishing corporate entrepreneurship?
Opportunity identification
Which factor is NOT one of the considerations when setting up a new venture?
Employee satisfaction survey
What is a key challenge in corporate entrepreneurship according to the text?
Balancing operational experience with invention
In corporate venturing, what are the main goals for corporations engaging with start-ups?
Generating financial returns and gaining insights and influence
What is a distinguishing feature between Corporate Incubation and Startup Program (Platform) in terms of their main goals?
Their emphasis on product innovations vs. platform establishment
Why is corporate entrepreneurship considered necessary for companies according to the text?
To keep up with fast-changing waves of innovation
What kind of barriers to corporate entrepreneurship are mentioned in the text?
Economic, cognitive, social/psychological, and political barriers
What does the case of Enron illustrate about corporate entrepreneurship?
Autonomy is required but should be well-managed
In the context of new businesses and corporate entrepreneurship, what challenges are mentioned in the text?
Lack of hard data, unconventional thinking requirement, and poor fit with old systems
Which response approach is associated with diffused responsibility in the text?
All employees are responsible for new businesses
What is emphasized as a key aspect of balancing trial-and-error strategy and discipline in the context of corporate entrepreneurship?
Learning from small samples
What is highlighted as an essential action to balance new business' identity and integration?
Assigning corporate and operational sponsors
Learn about the components and considerations involved in establishing corporate entrepreneurship, as well as the challenges faced in balancing old and new strategies. Test your knowledge on opportunity identification, finance pitching, leadership, and more.
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