TASC Business Studies Level 3 Practice Questions - TASC Business Studies Level 3 Examination (Course Code BST315116) Exam

Which statement best defines intrapreneurship within an established corporate organization?

Employees acting as entrepreneurs within a business to innovate products or processes using company resources. An external entrepreneur taking over a failing business through a leverage buy-out. Outsourcing research and development activities to third-party offshore consultancies. The process of franchising an established retail concept to independent regional operators.

Correct Answer:

Employees acting as entrepreneurs within a business to innovate products or processes using company resources.

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