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4 Written questions

4 Multiple choice questions

  1. an organiztion partners w one or more other firms to combine two sets of resources and capabilities as the source of innovation
  2. the development of something new- a new good, a new type of service, or a new way of presenting a good or service
  3. the process of taking entrepreneurial actions using a strategic perspective by combining entrepreneurial and strategic mgmt processes to enhance the firm's ability to innovate, enter new markets, and improve its performance
  4. circumstances suggesting that new goods or services can be sold at a price exceeding the costs incurred to create, make, sell, and support them

3 True/False questions

  1. process innovationnew means of producing, selling, and supporting goods and services.


  2. corporate entrepreneurshipan organization-wide reliance on entrepreneurship and innnovation as the link to solid finc performance


  3. innovation through acquisitiona firm that acquires a fully developed product from another entity or acquires an innovation capability by buying another company


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