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10 Cards in this Set

  • Front
  • Back

entrepreneurship

pursuit of lucrative opportunities by enterprising individuals

Ed McAlister was a managerat DRA Corporation, a company that produced household appliances. Ed had manyinnovative ideas for the company. He became frustrated and left the corporationto pursue his own business. His new business venture could be considered

entrepreneurship

entrepreneurial venture

new business growth and high profitability as primary objective

small business

A business having fewerthan 100 employees, independently owned and operated, not dominant in its fieldand not characterized by many innovative practices

successful entrepreneurs take

careful, calculated risks

entrepreneur

individual who establishes a new organization without the benefit of corporate sponsorship

intrapreneurs

corporate entrepreneurs

new venture creators working within a large organization

intrapreneur

Working at Microsoft, Rohanhas created a new venture based solely on his idea and Microsoft's proprietarytechnology. Rohan can be described as a(n)

intrapreneur

entrepreneurs differ from investors in that they

have greater skills in management, business, and networking