Question

Which of the following statements regarding dispersed approaches to corporate entrepreneurship are correct? (Check all that apply.)

a) Change is an important core capability.
b) They often take the form of new venture groups and business incubators.
c) Stakeholders often bring new ideas or opportunities to anyone in the organization and expect that they will be well-received.
d) The entire organization is dedicated to the principles and practices of entrepreneurship.

Answer 1

Dispersed approaches to corporate entrepreneurship involve strategies and practices that foster innovation and entrepreneurship within an organization.

Step-by-step explanation:

Dispersed approaches to corporate entrepreneurship involve various strategies and practices that foster a culture of innovation and entrepreneurship within an organization. Some correct statements about dispersed approaches to corporate entrepreneurship include:

1. Change is an important core capability: Dispersed approaches focus on developing the ability to adapt to change and seize opportunities for innovation and growth.
2. They often take the form of new venture groups and business incubators: Dispersed approaches often involve setting up separate units or groups within the organization that are dedicated to exploring and developing new business ideas.
3. Stakeholders often bring new ideas or opportunities to anyone in the organization: In dispersed approaches, ideas and opportunities can come from anyone in the organization, not just top management or specific departments.

This fosters an environment where entrepreneurship is not just limited to the top levels but is a value shared throughout the organization. Finally, for a truly dispersed entrepreneurial approach, the entire organization often lives and breathes the principles and practices of entrepreneurship, thus dedicating itself to continuous innovation and entrepreneurial thinking.