List and describe the differences in risks entrepreneurs and intrapreneurs have.
What will be an ideal response?
Entrepreneurs pursue opportunities without regard to the resources they currently own and take risks in acquiring resources from external sources. They do not receive a real paycheck; only profits and losses. They usually risk personal assets and can lose everything, including their job, if the business fails. Intrapreneurs usually do not risk personal assets because the large company provides financing. They receive their salary and usually a portion of the new business’s profits. If the business fails, they can usually return to their prior position in their company.
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To achieve above-average levels of profitability, low-share niche businesses need to focus on their products and ________
A) keep their market share high B) divest for cash flow C) keep expenses low D) harvest for cash flow E) expand their product line
A company is not required to follow a specific format in making the disclosures for its segments but the FASB encourages the most useful format for its specific circumstances
Indicate whether the statement is true or false
At the end of the period, the total of the accounts receivable ledger balances must equal the Accounts Receivable balance in the general ledger
Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. One of the characteristics of the inbound supply chain for many projects is that it is short. 2. Doing a root cause analysis of why a project failed is one of the four fundamental steps needed to create and manage a project supply chain. 3. Potential benefits of the project to the company is included in calculating earned value. 4. Schedule efficiency refers to how closely the project’s progress is tracking relative to its original plan. 5. The need for more face-to-face meetings is an implication resulting from the increasingly global nature of projects and project teams.