When Xerox created Semaphore Communications to manufacture and market a security product that encrypts messages for cellular phones, which form of entrepreneurship were they using?
A) Intrapreneurship
B) Spin-off
C) Franchise
D) Partnership

Question

Quizplus · Accepted Answer

Xerox creating a separate company, Semaphore Communications, to manufacture and market a new product is an example of spin-off entrepreneurship. The new company operates independently and has its own identity, while still having the support and backing of its parent company, Xerox.

When Xerox Created Semaphore Communications to Manufacture and Market a Security