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MNE3702-25-S2
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Which of the following best highlights the distinction between generic or start-up entrepreneurship and corporate entrepreneurship?
a) No major differences b) Corporate roles offer greater job security c) Entrepreneurship is often led by an individual visionary d) Entrepreneurs own their business ideas e) Corporate entrepreneurship allows for scale within existing systems
Where on the entrepreneurial grid would you place Boitumelo Home Goods?
Use the info below for Questions 7 & 8:
Sizwe Foods introduced a bold new ready-to-eat range, disrupting the local market. It’s their first major innovation in over a decade. By contrast, Boitumelo Home Goods steadily enhances their products every quarter to keep up with consumer needs.
Question 7
Where on the entrepreneurial grid would you
place Sizwe foods Manufacturers?
Match each form of corporate venturing in Column A to its correct definition in Column B:
Column A
|
Column B
|
1) Internal corporate venturing
|
a) To exploit existing corporate competencies in new product or market arenas.
|
2) Cooperative corporate venturing
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b) New businesses are created outside the company and subsequently acquired by the company.
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3) External corporate venturing
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c) Create and own new businesses.
|
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d) Create new businesses and own together with external development partners.
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Questions below is based on the figure by Slevin and Covin (1990) illustrated below.
Entrepreneurial
Management
Conservative
|
Pseudo-
Entrepreneurial Firms
2
|
Effective
Entrepreneurial Firms
1
| ||||||
3
Efficient
Bureaucratic
Firms
|
4
Unstructured
Unadventurous firms
| |||||||
|
Mechanistic
|
Organic
|
Question
Cell 1 represents that a good fit exists with a _______________ structure and an emphasis on entrepreneurial management, producing a _______________ company.
Concerned about declining customers, Anli Caritz House created a strategy group of senior managers to brainstorm new services. This initiative is best described as:
This question is based on the various differentiating elements between mechanistic and organic organisational structures, some of which are listed below.
Elements of the Mechanistic and Organic Organisational Structures
a The channels of communication are open with free flow of information throughout the organisation.
b There is loose, informal control, with emphasis on norm of cooperation.
c The authority for decisions is based on the formal line management position.
d Employees are required to conform to job descriptions.
e The operating styles are allowed to vary freely.
|
Which of these are traits of an organic organisational structure?
Over 2,500 years ago, Heraclitus declared, “the only constant is change.” In today’s fast-moving South African business landscape, companies must consistently realign with technological shifts, evolving consumer behaviour, regulatory changes, and market disruptions; all without losing focus on their core business. This strategic requirement is known as:
When entrepreneurial thinking originates from any level, person, or department within a company rather than a dedicated innovation unit it reflects entrepreneurship driven by:
An organisation that supports corporate entrepreneurship would most likely have: