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Management > Exam Q - Engineering Management > Flashcards

Exam Q - Engineering Management Flashcards

1
Q

Briefly explain the difference between entrepreneurship and intrapreneurship

A

An entrepreneurship is the activity of setting up a business or businesses, taking on financial risks in hope of profit

An Intrapreneur delivers entrepreneurship within an existing organisation

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2
Q

What are the 5S model in entrepreneurship

A
  1. Strategy
  2. System
  3. Staff
  4. Style
  5. Skills
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3
Q

What are the five key elements in entrepreneurship

A
  1. Reflect
  2. Act
  3. Interact
  4. Challenge
  5. Embrace
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4
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A
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