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MNE3702/101MNE3702/101/3/2017Tutorial letter 101/3/2017 Corporate EntrepreneurshipMNE3702 Semesters 1 & 2 Department of Entrepreneurship, Supply Chain, Transport, Tourism and Logistics Management
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Understand the concept of corporate entrepreneurship which involves introducing new ideas, products or processes within a large organization.
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Corporate entrepreneurship refers to the process by which established companies engage in innovative activities, fostering a culture of creativity and new business development to enhance competitiveness and adapt to market changes.
Typically, corporations involved in entrepreneurial activities or seeking to leverage innovation within their organization are required to file corporate entrepreneurship documents, which may vary based on jurisdiction and specific legal requirements.
Filling out corporate entrepreneurship documents generally involves providing specific information about the company's innovative initiatives, financial projections, management strategies, and market analysis, ensuring all required sections are completed accurately.
The purpose of corporate entrepreneurship is to stimulate innovation, drive growth, and improve overall performance within a company by exploring new business opportunities and adapting to changes in the market.
Information that must be reported includes details on the company's innovation strategies, project descriptions, financial assumptions, potential risks, and expected outcomes related to entrepreneurial activities.
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