Question
Distinguish between an Entrepreneur and an Intrapreneur. Provide examples of how intrapreneurship benefits large corporations.
Answer :
Word Count : 532
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An entrepreneur is an individual who creates, organizes, and manages a new business venture by taking financial risks in order to earn profit and achieve growth. An intrapreneur, on the other hand, is an employee within an existing organization who behaves like an entrepreneur by developing innovative ideas, products, or processes while working under the company’s structure. Both are innovators and opportunity seekers, but they differ in ownership, risk bearing, resources, and decision-making authority. The entrepreneur is the owner or founder of the business. He or she starts the enterprise from the beginning, arranges capital, hires employees, builds systems, and faces market competition directly. If the business succeeds, the entrepreneur receives profits
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