Test Bank For Introduction to Entrepreneurship International 9th Edition by Donald F. Kuratko

CHAPTER 3: THE ENTREPRENEURIAL MINDSET IN ORGANIZATIONS: CORPORATE ENTREPRENEURSHIP

TRUE/FALSE

1. One reason that corporate entrepreneurship has become popular is that it allows corporations to tap the innovative talents of the personnel.

ANS: T PTS: 1 NAT: AACSB Communication | Leadership Principles

2. As part of creating an innovative climate, a firm should base rewards given upon results achieved.

ANS: T PTS: 1 NAT: AACSB Communication | Leadership Principles

3. A corporation can encourage entrepreneurship activities if top management sponsors entrepreneurial projects.

ANS: T PTS: 1 NAT: AACSB Communication | Leadership Principles

4. Few firms today realize the need for corporate entrepreneurship.

ANS: F PTS: 1 NAT: AACSB Communication | Leadership Principles

5. The need for corporate entrepreneurship has risen in response to the rise of the global economy.

ANS: T PTS: 1 NAT: AACSB Communication | Leadership Principles

6. Clever bootlegging of ideas refers to secretly working on new ideas on company time as well as on personal time.

ANS: T PTS: 1 NAT: AACSB Communication | Leadership Principles

7. Individuals may avoid corporate entrepreneurial behavior due to the impact of traditional management techniques.

ANS: T PTS: 1 NAT: AACSB Communication | Leadership Principles

8. Skunkworks are project groups that work within the traditional lines of authority.

ANS: F PTS: 1 NAT: AACSB Communication | Leadership Principles

9. Very large corporations, such as 3M, have really struggled with corporate entrepreneurship ventures.

ANS: F PTS: 1 NAT: AACSB Communication | Leadership Principles

10. Today’s managers must foster excitement for innovation and remove obstacles for employees to engage in corporate entrepreneurship.

ANS: T PTS: 1 NAT: AACSB Communication | Leadership Principles