1) Intrapreneur is a person who focuses on innovation & creativity, & who transforms a dream or an idea into a profitable venture by operating WITHIN the organizational environment
2) Entrepreneur is a person who does similar things but OUTSIDE the organizational setting
3) Creating an environment
4) It is the responsibility of the CEO is team to create an environment for effective & efficient accomplishment of organizational goals
5) The CEO should do the following to create an environment:
a. Reward employees for taking risk
b. Tolerate failures
c. Provide freedom to pursue ideas
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