CSEET · Economic and Business Environment · Entrepreneurship Scenario
Meera, working as a salaried manager in a large textile company, develops a new product line and launches it within her employer's firm, using the firm's funds and bearing no personal financial risk. This is best described as:
This is intrapreneurship, which means acting entrepreneurially inside an existing organisation. The employee innovates and launches new ideas using the employer's resources, and the employer, not the employee, bears the financial risk, unlike an independent entrepreneur who invests personally.
- AIntrapreneurshipCorrect
- BFranchising
- CPortfolio investment
- DSubcontracting
Explanation
Intrapreneurship means entrepreneurial behaviour by an employee within an existing organisation, using its resources and typically without personal financial risk. Franchising involves a licensed business format, portfolio investment is holding securities, and subcontracting is outsourcing work.
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