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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. 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. new means of producing, selling, and supporting goods and services.
  4. 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

3 True/False Questions

  1. entrepreneurspeople who recognize entrepreneurial opportunities and then take risks to develop an innovation to pursue them

          

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

          

  3. administrative innovationa new way of organizing or handling the organization tasks firms use to complete their work.

          

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