Digital Woodcrafters Inc

question 21

Multiple Choice

Digital Woodcrafters Inc. is a recently established online vendor that sells custom luxury products made from wood on automated lathes. Before opening for business, the company studied the problems that companies using a similar technology had experienced. Digital Woodcrafters was therefore able to avoid their costly mistakes. Digital Woodcrafters would be an example of a(n)

• A)corporate entrepreneur.
• B)product champion.
• C)executive champion.
• D)intrapreneur.
• E)technology follower.

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Definitions:

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.

Interest Rate

The cost of borrowing money, usually expressed as a percentage of the amount borrowed, paid to the lender over a specified period.

Dreck Paintings

Refers metaphorically to artwork considered of low quality or value, often created without genuine effort or artistic integrity.

Interest Rate

The percentage charged or paid for the use of money on a yearly basis, often expressed as an annual percentage rate.