Quiz 1

Question 1

What is intrapreneurship (corporate entrepreneurship)

Answer 1

Creating new products, ventures, and processes within large corporations

Question 2

What is entrepreneurs inside (employee entrepreneurship)

Answer 2

Similar to corporate entrepreneurship (employees working within an organization who think and act entrepreneurial)
The difference is entrepreneurs inside can exist and function in ANY type of organization(government, non profit, religious, organizations…)

Question 3

What is franchising?

Answer 3

A license purchased by an individual from an existing business that allows the franchisee to trade under the name of the business.
Both the founder and franchisee are entrepreneurs