An individual who establishes a new organization without the benefit of corporate support is called a(n)
A) intrapreneur.
B) entrepreneur.
C) sole proprietor.
D) franchisee.
E) licensee.
B) entrepreneur.
Explanation: Entrepreneurs are individuals who establish a new organization without the benefit of corporate support. Entrepreneurs manage aggressively and develop innovative strategies, practices, and products.
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What can cause this to happen?
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Indicate whether the statement is true or false
Whiz Bang Cinema is a restaurant. Whiz Bang's owners worry about the environment, using paper products made from recycled paper and recycling everything possible. Whiz Bang also gives its employees every Sunday off to be with family, and the restaurant sponsors many local sports teams. It does this while also making sure it is profitable. Whiz Banks seems to operate with a
A. production orientation. B. strong profit motive. C. marketing department approach. D. sustainable focus. E. triple bottom line.
Market power is the ability of a firm to enter a given market
Indicate whether the statement is true or false