Companies should tolerate, and even encourage, informal efforts in which employees work to create new products and processes of their own choosing and initiative. Such efforts are known as
A) bootlegging.
B) entrepreneurial orientation.
C) competitive aggressiveness.
D) risk-taking.
E) horse trading.

Question

Quizplus · Accepted Answer

Bootlegging refers to informal efforts by employees to create new products and processes on their own initiative, without explicit approval or direction from management. This can lead to valuable innovations and insights, as employees are often closer to real-world problems and have unique perspectives on how to solve them. Tolerating and encouraging bootlegging can therefore be a way for companies to tap into the creativity and expertise of their employees, and may ultimately benefit the organization as a whole.

Companies Should Tolerate, and Even Encourage, Informal Efforts in Which