Formal management systems provide stability, order, and coordination to complex internal corporate environments thus creating an supportive environment for corporate entrepreneurship.
A method of overcoming obstacles and limitations involves using personal influence or influence networks to somehow secure endorsements that will convince the necessary supporters of the corporate enterepreneur's viability and credibility.
a. resource acquisition
b. building social capital
c. gaining legitimacy
d. using persuasion
e. political tactics
According to the text, the corporate entrepreneur must examine obstacles with an eye to towards determining answers to five questions. Which of the following is NOT among the five questions?
a. Which constraints can be disregarded?
b. Which constraints can be expanded?
c. Which constraints can be done away with?
d. Which constraints can be changed into faciliators?
e. Which constraints must be accepted?
Distraction is one of the identified dangerous inertia problem types confronting corporate entreperneurs.
Corporate entrepreneurs need to build _____ -- an inventory of trust, gratitude, and obligations that can be cashed in when the new project is in demand.
b. social capital
For many employees in many companies there is time during the work day to experiment and try new things.
Identify the five specific inertia problem types confronting corporate entrepreneurs.
a. indifference, distraction, competition, disaffection, and direct tactics
b. distraction, disaffection, competition, direct threat, and indifference
c. distraction, collusion, direct threat, indifference, and disaffection
d. competition, direct threat, indifference, fear, and disaffection
e. direct threat, competition, stagnation, disaffection, and indifference
The inclusion of innovation as a major component in corporate strategic planning systems with specific goals for product and process innovation, a strategy for accomplishing the goals, and senior executives' commitment to the standardization of the entrepreneurial processes throughout the company is described in the text as the _____.
a. principle of TQM (total quality management)
b. fundamentals of modern entrepreneurship
c. principle of modern business public relationship
d. fundamentals of customer relationship management
e. principle of institutionalized entrepreneurship
Identify the four strategies entrepreneurs may use to secure resources that would otherwise have to be secured by economic exchange at much greater cost.
a. amplifying, borrowing, begging, and buying
b. scavenging, borrowing, begging, and pilfering
c. trading, scavenging, borrowing, and begging
d. begging, borrowing, scavenging, and amplifying
e. borrowing, begging, bartering, and amplifying
The strategies for securing necessary resources through co-optation or leveraging of the resources currently underutilized by the firm are called the four distinct strategies for _____.
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