12 Questions
What is the primary difference between an entrepreneur and an intrapreneur?
An entrepreneur starts a new venture, an intrapreneur innovates within an organization
What does an entrepreneur operationalize?
A business model
Who is responsible for the success or failure of a new venture?
The entrepreneur
What is an intrapreneur responsible for within an organization?
Innovating new ideas, products, and processes
Who is more likely to acquire the necessary physical and human capital to start a new venture?
An entrepreneur
What is the main responsibility of an intrapreneur within a firm?
To innovate new ideas, products and processes or any new invention
Where are the principles of entrepreneurship practiced in the case of intrapreneurship?
Within the boundaries of the firm
Who is responsible for developing a business model in a new venture?
An entrepreneur
What is the role of an entrepreneur in starting a new venture?
An entrepreneur develops a business model, acquires the necessary capital, and operationalizes the new venture.
Define intrapreneurship.
Intrapreneurship is the practice of applying entrepreneurial principles within a firm's boundaries.
What is the main responsibility of an intrapreneur?
An intrapreneur takes on the responsibility to innovate new ideas, products, and processes within the organization.
What is the difference between an entrepreneur and an intrapreneur?
An entrepreneur starts a new venture independently, while an intrapreneur practices entrepreneurial principles within a firm.
Test your knowledge on the definitions of an entrepreneur and intrapreneur! This quiz will assess your understanding of the roles, responsibilities, and characteristics of both types of individuals. Keywords: entrepreneur, intrapreneur, business model, venture, success, failure.
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