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of 11 available terms

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4 Written Questions

4 Multiple Choice Questions

  1. a 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
  2. firm uses its own resources and capabilities to create products
  3. a firm that acquires a fully developed product from another entity or acquires an innovation capability by buying another company
  4. the development of something new- a new good, a new type of service, or a new way of presenting a good or service

3 True/False Questions

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

          

  2. strategic entrepreneurshipthe 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. entrepreneurial opportunitiesa 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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