New Venture Creators Working Inside Big Corporations Are Called

question 55

Multiple Choice

New venture creators working inside big corporations are called

• A) Entrepreneurs.
• B) Intrapreneurs.
• C) Independent entrepreneurs.
• D) Subsidiaries.
• E) Franchisees.

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Definitions:

Product Design

The process of creating a new product to be sold by a business to its customers, involving concept development, solution sketching, prototyping, and testing.

Value Analysis

A methodical approach to identify and eliminate unnecessary costs in product design and manufacturing without sacrificing functionality or quality.

Disposable Packaging

Packaging materials designed for a single use before being discarded or recycled.

Environmentally Friendly

Practices or products that have minimal impact on the environment, often emphasizing sustainability and the conservation of natural resources.