Question

Barbara Wall had a great recipe for sweet bell pepper sauce. Her friend Lynne Wilson convinced her that they should go into business together and sell the sauce. They now ship J.T.'s Red Sauce to stores in 35 states. Wall and Wilson are examples of

a) Intrapreneurs
b) Entrepreneurship
c) Employees
d) Managers

Answer 1

Barbara Wall and Lynne Wilson are examples of entrepreneurship, as they started their own business to produce and sell a unique sweet bell pepper sauce recipe. They demonstrate typical entrepreneurial traits like independence, hard work, and risk-taking.

Step-by-step explanation:

Barbara Wall and Lynne Wilson, who are shipping J.T.'s Red Sauce to stores in 35 states, are examples of entrepreneurship. This term refers to individuals who spot a need, assume the risk, and start a new business venture to meet that need. This concept is distinct from intrapreneurs who operate within a company, employees who work for a business owner, and managers who may run parts of a business but do not own it. Wall and Wilson, having started their own business based on a unique recipe for sweet bell pepper sauce, embody the qualities of hard-working, risk-taking, independent-minded entrepreneurs, similar to notable figures like Steve Jobs and Bill Gates who founded Apple and Microsoft respectively.