Being an 'Intrapreneur' involves:
- Leaving Cert Business - Question 2 - 2004
Question 2
Being an 'Intrapreneur' involves:
Worked Solution & Example Answer:Being an 'Intrapreneur' involves:
- Leaving Cert Business - Question 2 - 2004
Step 1
Definition of an 'Intrapreneur'
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Answer
An intrapreneur is an individual who engages in entrepreneurial activities within an existing organization. This term is derived from the combination of 'internal' and 'entrepreneur'.
Step 2
Characteristics of Intrapreneurship
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Intrapreneurs are known to be innovative thinkers who can identify new opportunities and turn them into profitable activities. They possess a strong sense of ownership and accountability for their projects.
Step 3
Role within an Organization
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Intrapreneurs operate from within an organization, whether it is a transnational company, a government department, or other types of enterprises. They are tasked with developing new products, processes, or services that can enhance the organization's overall performance.
Step 4
Impact on the Organization
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Answer
The activities of an intrapreneur can lead to increased competitiveness and adaptability for the organization, as they constantly seek innovative solutions to meet market demands.
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