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10 Cards in this Set
- Front
- Back
entrepreneurship |
pursuit of lucrative opportunities by enterprising individuals |
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Ed McAlister was a managerat DRA Corporation, a company that produced household appliances. Ed had manyinnovative ideas for the company. He became frustrated and left the corporationto pursue his own business. His new business venture could be considered |
entrepreneurship |
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entrepreneurial venture |
new business growth and high profitability as primary objective |
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small business |
A business having fewerthan 100 employees, independently owned and operated, not dominant in its fieldand not characterized by many innovative practices |
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successful entrepreneurs take |
careful, calculated risks |
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entrepreneur |
individual who establishes a new organization without the benefit of corporate sponsorship |
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intrapreneurs |
corporate entrepreneurs |
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new venture creators working within a large organization |
intrapreneur
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Working at Microsoft, Rohanhas created a new venture based solely on his idea and Microsoft's proprietarytechnology. Rohan can be described as a(n) |
intrapreneur |
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entrepreneurs differ from investors in that they |
have greater skills in management, business, and networking |