Entrepreneurship and Intrapreneurship Concepts

The video tutorial explains the concepts of entrepreneurship and intrapreneurship, highlighting their similarities and differences. Entrepreneurship involves creating a new business from an innovative idea, requiring skills like strategic vision and leadership. Intrapreneurship, on the other hand, involves creating new business opportunities within an existing organization, also requiring similar skills but with less risk due to the established resources of the company. The main difference lies in the autonomy and risk levels, with entrepreneurship being more independent and riskier. Both concepts contribute to economic and social value creation.

What are the two main concepts discussed in the video?

• Finance and Accounting

• Leadership and Management

• Entrepreneurship and Intrapreneurship

• Marketing and Sales

What is the first step in the entrepreneurship process?

• Identifying a business opportunity

• Launching a marketing campaign

• Hiring employees

• Securing funding

Which skill is NOT mentioned as essential for an entrepreneur?

• Strategic vision

• Leadership

• Technical writing

• Negotiation

How can entrepreneurship contribute to society?

• By increasing government control

• By creating new laws

• By reducing taxes

• By generating employment

What is the main focus of intrapreneurship?

• Creating new businesses within an existing organization

• Starting a business from scratch

• Investing in startups

• Merging two companies

Which of the following is a benefit of intrapreneurship for employees?

• New career opportunities

• Higher taxes

• Reduced working hours

• Less responsibility

What is a key difference between entrepreneurship and intrapreneurship?

• Entrepreneurship is only for large companies.

• Intrapreneurship requires no skills.

• Entrepreneurship is less risky than intrapreneurship.

• Entrepreneurship involves creating a new business from scratch, while intrapreneurship involves creating a new business within an existing organization.

Who assumes the risks in intrapreneurship?

• The government

• External investors

• The individual entrepreneur

• The organization and the intrapreneur

How is entrepreneurship generally associated in terms of culture?

• With a culture of stability

• With a culture of risk and uncertainty

• With a culture of strict regulations

• With a culture of low innovation

Why does intrapreneurship generally involve less risk?

• Because it does not require any investment

• Because it is always successful

• Because it does not involve any new ideas

• Because the company is already established and has resources