An Intrapreneur Is a Top-Level Manager in a Large Organization

question 48

True/False

An intrapreneur is a top-level manager in a large organization who fights for the budget and uses the internal political system to ensure the success of an inventor's product.

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Definitions:

Producer Surplus

Is the difference between the amount producers are willing to accept for a product or service and the actual amount they receive.

Sellers' Costs

The expenses incurred by sellers in providing goods or services, including production, labor, and materials costs.

Good

A tangible product or item that satisfies some human want or need, which can be transferred or sold from one person to another.

Profits And Losses

A financial metric indicating the positive (profits) or negative (losses) financial outcomes of a business's operations.