Exam 11: Global Entrepreneurship and Intrapreneurship

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Which of the following statements is true about intrapreneurs?

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D

A _____ refers to a formal statement of a set of business goals.

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E

The organization defines and supports a system of contractual agreements between internal enterprises.

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True

Disruptive technology refers to:

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A newly founded company that develops a revolutionary new way to do a particular activity and seeks to expand that new method nationally and internationally would be considered entrepreneurial.

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Chad's economy is dependent on oil reserves and is very sensitive to world economic cycles, commodity prices, and fluctuations in exchange rates. Hence, one could term this economy as an example of:

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The computer would be considered a _____ technology for the typewriter.

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The _____ approach is one form of organizational intrapreneurship in which the firm sets up an internal new-venture division.

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According to entrepreneurship professor David Garvin, what concerns do organizations have to take care of in order to ensure the success of corporate new ventures?

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The development of the Macintosh computer within Apple is an example of:

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A born-global firm is a business organization that seeks to derive significant competitive advantage from the use of resources and the sale of outputs in multiple countries.

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What are the categories into which the World Economic Forum divides the economies of the world? Explain with examples.

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Define a "born-global" firm.

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_____ is defined as "the recognition of opportunities and the use or creation of resources to implement innovative ideas for new, thoughtfully planned ventures."

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_____ refer(s) to a system that ranks nations quantitatively according to a weighted index of 12 assessed pillars.

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Entrepreneurs only launch commercial ventures, which sell products or services for a profit.

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The most common form of bootstrapping is:

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Explain the constituents of a typical business plan.

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_____ typically enter established markets, providing a more traditional product or service to a local market.

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What are the major obstacles faced by organizations in setting up new venture activities as a part of the coexistence approach of organizational intrapreneurship?

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