Exam 3: The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship

Few firms today realize the need for corporate entrepreneurship.

Which of the following is an entrepreneurial characteristic?

3M's philosophy is based on the theory that the more ideas, the better the chances for a successful innovation.

Transformational triggers in a corporate entrepreneurial environment initiate the need for

Corporate venturing flourishes when a vertical management system is in place.

In an innovative climate, failure is viewed as

Which of the following is not a characteristic of firms that exhibit corporate entrepreneurships?

Organizational boundaries allow people to focus on new ideas.

In order to develop an entrepreneurial environment, factors that organizations need to be aware of include all of the following except

In attempting to create an entrepreneurial climate, the organization should create a work environment where

Which of the following individuals identified six factors found in large corporations that have exhibited successful innovations?

Sustaining corporate entrepreneurship requires

Firms do not need to alter management techniques to encourage corporate entrepreneurship because it tends to occur naturally.

In the model of sustained corporate entrepreneurship discussed in the text, a transformational trigger can be internal or external to the company.

Expecting clever bootlegging of ideas should come as a surprise.

An innovative team, or I-Team, is made up of two or more people who formally create and share ownership of a new organization.

Success of the corporate entrepreneurship plan depends on

_____ factors are critical to the internal environment of an organization seeking to have its managers pursue innovative activity.

Which of the following terms refers to the systematic evolution of a product or service into newer or larger markets?

Which of the following will help to foster an innovative climate?