2- Within overall corporate environment, certain individual characteristics have been identified that constitute a successful corporate entrepreneur. These include understanding the environment, being visionary and flexible, creating man- agement options, encouraging teamwork, encouraging open discussion, building a coalition of supporters, and being persistent. Here, What do we mean by understanding the environment ? Explain in detail.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
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This is my entrepreneurship and small business management midterm assigment please correct answers
2- Within overall corporate environment, certain individual characteristics have been
identified that constitute a successful corporate entrepreneur. These include
understanding the environment, being visionary and flexible, creating man- agement
options, encouraging teamwork, encouraging open discussion, building a coalition of
supporters, and being persistent. Here, What do we mean by understanding the
environment ? Explain in detail.
3- How can the culture for corporate entrepreneurship be established in an
Transcribed Image Text:2- Within overall corporate environment, certain individual characteristics have been identified that constitute a successful corporate entrepreneur. These include understanding the environment, being visionary and flexible, creating man- agement options, encouraging teamwork, encouraging open discussion, building a coalition of supporters, and being persistent. Here, What do we mean by understanding the environment ? Explain in detail. 3- How can the culture for corporate entrepreneurship be established in an
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