Encouraging the development of new ventures that might become separate business units is known as:
A) product sponsorship.
B) intrapreneurship.
C) innovation.
D) creativity.

Question

Quizplus · Accepted Answer

Encouraging the development of new ventures that might become separate business units is known as intrapreneurship. It involves fostering a culture of entrepreneurship within an existing organization where employees are encouraged to come up with innovative ideas and plans for new businesses or products. This allows organizations to explore and pursue new opportunities without having to start a new company from scratch.

Encouraging the Development of New Ventures That Might Become Separate