Entrepreneur vs Intrapreneur Quiz
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Questions and Answers

What is the primary difference between an entrepreneur and an intrapreneur?

  • An intrapreneur acquires necessary capital, an entrepreneur operates within a firm
  • An entrepreneur starts a new venture, an intrapreneur innovates within an organization (correct)
  • An entrepreneur works within a firm, an intrapreneur starts a new venture
  • An intrapreneur develops a business model, an entrepreneur innovates within an organization

    • What does an entrepreneur operationalize?

  • A new invention within the organization
  • New ideas and processes
  • A business model (correct)
  • The principles of entrepreneurship within a firm

    • Who is responsible for the success or failure of a new venture?

  • The firm
  • The organization
  • The entrepreneur (correct)
  • The intrapreneur

    • What is an intrapreneur responsible for within an organization?

    <p>Innovating new ideas, products, and processes</p> Signup and view all the answers

    Who is more likely to acquire the necessary physical and human capital to start a new venture?

    <p>An entrepreneur</p> Signup and view all the answers

    What is the main responsibility of an intrapreneur within a firm?

    <p>To innovate new ideas, products and processes or any new invention</p> Signup and view all the answers

    Where are the principles of entrepreneurship practiced in the case of intrapreneurship?

    <p>Within the boundaries of the firm</p> Signup and view all the answers

    Who is responsible for developing a business model in a new venture?

    <p>An entrepreneur</p> Signup and view all the answers

    What is the role of an entrepreneur in starting a new venture?

    <p>An entrepreneur develops a business model, acquires the necessary capital, and operationalizes the new venture.</p> Signup and view all the answers

    Define intrapreneurship.

    <p>Intrapreneurship is the practice of applying entrepreneurial principles within a firm's boundaries.</p> Signup and view all the answers

    What is the main responsibility of an intrapreneur?

    <p>An intrapreneur takes on the responsibility to innovate new ideas, products, and processes within the organization.</p> Signup and view all the answers

    What is the difference between an entrepreneur and an intrapreneur?

    <p>An entrepreneur starts a new venture independently, while an intrapreneur practices entrepreneurial principles within a firm.</p> Signup and view all the answers

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