Podcast
Questions and Answers
How many books or their editions has Professor Hisrich authored or coauthored?
How many books or their editions has Professor Hisrich authored or coauthored?
- 50
- 41 (correct)
- 30
- 25
Which subject does Veland Ramadani teach at South-East European University?
Which subject does Veland Ramadani teach at South-East European University?
- Marketing
- Entrepreneurship (correct)
- Finance
- Economics
What is one of the research interests of Veland Ramadani?
What is one of the research interests of Veland Ramadani?
- Digital Marketing
- Consumer Behavior
- Venture Capital Investments (correct)
- Artificial Intelligence
Which book was authored by Veland Ramadani?
Which book was authored by Veland Ramadani?
In what year did Dr. Ramadani receive the Award for Excellence?
In what year did Dr. Ramadani receive the Award for Excellence?
Which journal does Veland Ramadani serve as an Associate Editor?
Which journal does Veland Ramadani serve as an Associate Editor?
How many research articles has Veland Ramadani authored or coauthored?
How many research articles has Veland Ramadani authored or coauthored?
Which of the following topics is NOT mentioned as a research interest of Veland Ramadani?
Which of the following topics is NOT mentioned as a research interest of Veland Ramadani?
What is corporate entrepreneurship primarily concerned with?
What is corporate entrepreneurship primarily concerned with?
Which companies are known for experiencing significant success in corporate entrepreneurship?
Which companies are known for experiencing significant success in corporate entrepreneurship?
What is required for effective corporate entrepreneurship within an organization?
What is required for effective corporate entrepreneurship within an organization?
What does the term 'renewal' in corporate entrepreneurship refer to?
What does the term 'renewal' in corporate entrepreneurship refer to?
What can internal generation of innovation be influenced by?
What can internal generation of innovation be influenced by?
What are the two major phenomena encompassed by corporate entrepreneurship?
What are the two major phenomena encompassed by corporate entrepreneurship?
How does corporate entrepreneurship aim to improve a company's situation?
How does corporate entrepreneurship aim to improve a company's situation?
What is the primary role of motivated individuals within corporate entrepreneurship?
What is the primary role of motivated individuals within corporate entrepreneurship?
What characteristic of public sector organizations can inhibit entrepreneurial behavior among employees?
What characteristic of public sector organizations can inhibit entrepreneurial behavior among employees?
How did Lee Kuan Yew approach economic development for Singapore?
How did Lee Kuan Yew approach economic development for Singapore?
What is a common challenge faced by both public sector organizations and large corporations?
What is a common challenge faced by both public sector organizations and large corporations?
What is one reason why public sector organizations are increasingly encouraged to foster entrepreneurial thinking?
What is one reason why public sector organizations are increasingly encouraged to foster entrepreneurial thinking?
What role does ‘public managerialism’ play in public sector entrepreneurship?
What role does ‘public managerialism’ play in public sector entrepreneurship?
How do public sector managers typically differ from corporate managers in their focus?
How do public sector managers typically differ from corporate managers in their focus?
What can be a result of the bureaucratic nature of government organizations?
What can be a result of the bureaucratic nature of government organizations?
What similarity exists between public sector entrepreneurship and corporate entrepreneurship?
What similarity exists between public sector entrepreneurship and corporate entrepreneurship?
What type of entrepreneurship did Jaconet Brunette demonstrate by opening a beauty salon?
What type of entrepreneurship did Jaconet Brunette demonstrate by opening a beauty salon?
What was one reason Jaconet decided to sell the Hatfield branch?
What was one reason Jaconet decided to sell the Hatfield branch?
How many employees did Jaconet have at her Menlyn salon after three years?
How many employees did Jaconet have at her Menlyn salon after three years?
What is the primary purpose of writing a business plan?
What is the primary purpose of writing a business plan?
What challenge did Jaconet face at the Hatfield branch?
What challenge did Jaconet face at the Hatfield branch?
What was the result of Jaconet's exhibition visit in London?
What was the result of Jaconet's exhibition visit in London?
Which of the following is NOT a purpose of a business plan?
Which of the following is NOT a purpose of a business plan?
What should be carefully crafted in a business plan to increase the chances of obtaining investment?
What should be carefully crafted in a business plan to increase the chances of obtaining investment?
What financial issue did Jaconet face after importing products for her franchise?
What financial issue did Jaconet face after importing products for her franchise?
What is meant by 'enterprise capital' in the context of a business plan?
What is meant by 'enterprise capital' in the context of a business plan?
What was Jaconet’s attitude toward opening another branch after her experience with Hatfield?
What was Jaconet’s attitude toward opening another branch after her experience with Hatfield?
Why is it important to evaluate the results of a venture according to the business plan?
Why is it important to evaluate the results of a venture according to the business plan?
Which of the following statements accurately reflects Jaconet's experience with her second salon?
Which of the following statements accurately reflects Jaconet's experience with her second salon?
What aspect of resources is critical to address in a business plan?
What aspect of resources is critical to address in a business plan?
How does a business plan assist in the decision-making process for entrepreneurs?
How does a business plan assist in the decision-making process for entrepreneurs?
Which of the following correctly frames a purpose regarding suppliers in a business plan?
Which of the following correctly frames a purpose regarding suppliers in a business plan?
Study Notes
Professor Hisrich and Veland Ramadani
- Professor Hisrich has authored or coauthored 41 books or their editions.
- Veland Ramadani is an Associate Professor at South-East European University.
- Ramadani has authored or coauthored around eighty research articles and fifteen books.
Corporate Entrepreneurship
- Also known as intrapreneurship or corporate venturing.
- The process where individuals inside organizations pursue opportunities.
- Involves doing new things and pursuing new opportunities.
- Is the spirit of entrepreneurship within an existing organization.
- Requires engendering entrepreneurial behaviors within an established organization.
- Emphasizes new venture creation within existing organizations and the transformation of organizations through strategic renewal.
- The ultimate aim of the renewal is to improve a company’s competitive position and financial performance.
- Achieved through the redefinition of an organization's mission through the creative redeployment of resources.
Public Sector Entrepreneurship
- Public sector organizations often face somewhat guaranteed sources and levels of financing.
- Governments are increasingly looking to foster entrepreneurial thinking and activity.
- They are emphasizing new “public managerialism” and discontinuous reforms that challenge traditional mindsets.
- Public sector entrepreneurship is similar to some extent to entrepreneurship in large corporations - corporate entrepreneurship.
Entrepreneurial Business Planning
- The most frequent reason for writing a business plan is to obtain financing.
- A business plan can also be used to determine all the resources needed.
- Also provides a direction for the new venture.
- Lastly it can be used to evaluate the results of the venture.
Case Study
- Jaconet Brunette opened a beauty salon in Menlyn shopping center in Pretoria.
- She opened a second salon in Hatfield, Pretoria.
- She decided to sell the Hatfield branch after 3 years because it did not seem to grow at all.
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Description
Explore the concept of corporate entrepreneurship, also known as intrapreneurship or corporate venturing. This quiz delves into how individuals within organizations pursue new opportunities, fostering entrepreneurial spirit and driving strategic renewal to enhance competitive positioning. Test your understanding of the principles and practices that define corporate entrepreneurship.
