MGT 521T Practice Chapter 1
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1) An intrapreneur is someone who works inside an existing organization who sees an opportunity for a product or service and mobilizes the organization’s resources to try to realize it. This person might be a researcher or a scientist but could also be a manager who sees an opportunity to create a new venture that could be profitable. 2) The managerial function of ________ involves monitoring performance, comparing it to goals, and taking corrective action when needed. 3) what are the two types of entrepreneurship? 4) Because they are willing to take risks in the pursuit of new opportunities, including the risk of personal financial failure, _____ need the confidence to act decisively. 5) According to your book, which two statements are true about nonprofit organizations? 6) Managers who are responsible for several organizational activities rather than just one are called ______ managers 7) The organizing function of management consists of arranging tasks, ________, and other resources needed to accomplish work. 8) Which of the following is the BEST description of an organization? 9) Which of the following are classified as softskills? 10) What are some of the potential rewards of getting a management degree and following a career in management? Choose all that apply