Successfully Fostering and Managing Intrapreneurship Involves

question 77

Multiple Choice

Successfully fostering and managing intrapreneurship involves

• A) Discouraging bootlegging activities.
• B) Focusing on one very large, innovative project.
• C) Rewarding risk taking.
• D) Spreading intrapreneurial efforts over many small-scale projects.
• E) Minimizing aggressiveness with competitors.

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Definitions:

Long-Run Equilibrium

A state in which all factors of production and costs are variable, and firms in the industry are earning only normal profits, with no incentive for entry or exit.

Inferior Good

A good or service whose consumption declines as income rises, prices held constant.

Constant Costs

Costs that remain unchanged regardless of the level of production or activity.

Long-Run Equilibrium

A state in which all firms in a market are making zero economic profit, with no firm having an incentive to enter or exit the industry.