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Coporate Venturing Entrepreneur T5

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Entrepreneurship is associated with:

a)

The pursuit of opportunity with limited resources

b)

The pursuit of wealth and fame

c)

The pursuit of business

2.

Unique features of corporate entrepreneurship are:

a)

Strategic renewal entrepreneurship, independent entrepreneurship & entrepreneurship

b)

Strategic renewal entrepreneurship, independent entrepreneurship & sole proprietorship

c)

Strategic renewal entrepreneurship, independent entrepreneurship & partnership

3.

Corporate venturing are:

a)

Instigated by an existing organisational entity & are treated as a family business

b)

Instigated by an existing organisational entity & are treated as a an old business

c)

Instigated by an existing organisational entity & are treated as a new business

4.

Innovation

a)

has the potential to transform to help make a company wealthy

b)

has the potential to transform competitive environment and organisation

c)

has the potential to transform small business to big business

5.

External corporate venturing:

a)

resides outside existing organisational domain

b)

resides inside existing organisational domain

c)

resides near existing organisational domain

6.

Internal corporate venturing:

a)

promotes employees from within

b)

are always treated as old business

c)

reside within existing organisational domain

7.

Sustained regeneration is a:

a)

form of corporate entrepreneurship that is exhibited by firms that introduce new products or services or enter new markets annually

b)

form of corporate entrepreneurship that is exhibited by firms that sometimes introduce new products or services or enter new markets

c)

form of corporate entrepreneurship that is exhibited by firms that regularly and continuously introduce new products or services or enter new markets

8.

Organisational Regeneration:

a)

Improved strategy execution via organisational rejuvenation entails actions that reconfigure a firm’s succession planning

b)

Improved strategy execution via organisational rejuvenation entails actions that reconfigure a firm’s talent management

c)

Improved strategy execution via organisational rejuvenation entails actions that reconfigure a firm’s value chain

9.

A pathway to a successful corporate venture consists of:

a)

An entrepreneurial vision, the customer in the team, experimentation and failure is accepted & time for innovation

b)

An entrepreneurial ambition, the employee in the team, experimentation and failure is accepted & time for innovation

c)

An entrepreneurial ambition, the employee in the team, trial & error with available funds & time for innovation

10.

A greenfield investment:

a)

a field of new opportunities

b)

is a type of franchise in a new country

c)

is a type of foreign direct investment (FDI) in which a parent company creates a subsidiary in a different country, building its operations from the ground up.