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4 Written Questions

4 Multiple Choice Questions

  1. circumstances suggesting that new goods or services can be sold at a price exceeding the costs incurred to create, make, sell, and support them
  2. new means of producing, selling, and supporting goods and services.
  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. an organiztion partners w one or more other firms to combine two sets of resources and capabilities as the source of innovation

3 True/False Questions

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

          

  2. administrative innovationfirm uses its own resources and capabilities to create products

          

  3. entrepreneurshipa process of 'creative destruction' through which existing products, methods of production, or ways of administering or managing the firm are destroyed and replaced with new ones

          

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