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4 Written questions

4 Multiple choice questions

  1. people who recognize entrepreneurial opportunities and then take risks to develop an innovation to pursue them
  2. 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
  3. the development of something new- a new good, a new type of service, or a new way of presenting a good or service
  4. firm uses its own resources and capabilities to create products

3 True/False questions

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


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


  3. innovation through acquisitionan organiztion partners w one or more other firms to combine two sets of resources and capabilities as the source of innovation