CPI CPI Corporate Entrepreneurship & Intrapreneurship 1

Question 1

What is the primary distinction between entrepreneurship and intrapreneurship?

Accepted Answer

Intrapreneurship involves entrepreneurial activity within an existing organization

Answer

Intrapreneurship is entrepreneurial behavior exercised by employees inside an established company, using corporate resources to build new ventures.

Question 2

Which organizational structure best supports intrapreneurial initiatives in a large US corporation?

Accepted Answer

Autonomous innovation units or skunkworks teams

Answer

Autonomous units like skunkworks teams operate with reduced bureaucracy and dedicated resources, enabling rapid experimentation away from the core business.

Question 3

What does 'organizational ambidexterity' mean in the context of corporate entrepreneurship?

Accepted Answer

The ability to simultaneously exploit existing capabilities and explore new opportunities

Answer

Organizational ambidexterity describes a firm's capacity to efficiently run its core business while simultaneously pursuing exploratory innovation initiatives.

Question 4

Which corporate venturing model involves a company creating a separate internal startup with dedicated funding and autonomy?

Accepted Answer

Internal corporate venture (ICV)

Answer

An internal corporate venture is a semi-autonomous unit funded by the parent company to develop a new business concept independently of existing operations.

Question 5

What role does psychological safety play in fostering intrapreneurship?

Accepted Answer

It allows employees to propose and test ideas without fear of punishment for failure

Answer

Psychological safety creates an environment where employees feel secure enough to voice unconventional ideas and experiment without risking career penalties.

(CPI) Certified Professional Innovator Practice Test

(CPI) Certified Professional Innovator Practice Test

CPI CPI Corporate Entrepreneurship & Intrapreneurship 1