Question
Download Solution PDFChoose the correct code for the following statements being correct or incorrect.
Statement I: An Intrapreneur is a person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation.
Statement II : Intrapreneurship refers to employee initiatives in organizations to undertake something new, without being asked to do so.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Both statements I and II are correct.
Important Points
- Intrapreneur: A person within a large corporation who takes direct responsibility for turning an idea into a profitable finished product through assertive risk-taking and innovation, is known as an intrapreneur.
- Intrapreneurship: Acting like an entrepreneur while working for an established company is called intrapreneurship. It involves starting a new enterprise or business within an organisation.
Hence the correct answer is Both statements I and II are correct.
Last updated on Jul 4, 2025
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