Intrapreneurship and Entrepreneurship

Intrapreneurship & Entrepreneurship

MGMT422-1601B-01/Professor Becker

American Intercontinental University Online

Teneisha Bonner

February 14, 2016

Abstract

A lot of individuals think that Intrapreneurship is internal to Entrepreneurship and that it should be anticipated to react in the same ways or be operated by the same inspirations, and make a response to a similar extensive array of circumstances. This paper will discuss the product that was chosen, and how it feels to have picked this particular product within the industry, how this product was introduced to consumers, and which approach was used, give an explanation of the advantages or the disadvantages or results from the difficulties from using this product. Also, a scenario will be developed illustrating what might occur if the intrapreneurial merchandise had been brought to the market through entrepreneurship, the entrepreneurial merchandise had been brought to the market through intrapreneurship means, and discuss the challenges and keys to prosperity that would have been required to achieve this various approach.

Introduction

We all know what an entrepreneur is. But a lot of individuals do not know what an intrapreneur is. It is an entrepreneur who turns suggestions into powerful merchandise and services that makes them very successful in the world of business and specially a worker of a well-known corporation. In today’s world of business, corporations have to innovate to pull through and succeed. Entrepreneurs and Intrapreneurs are both innovators and want to be successful.

The product that I have chosen to discuss is the rolling gardening chair. This product is a very awesome invention that I believe everyone will want to purchase and use whenever they are going to work in their garden. It is very comfortable and easy to use; individuals that use this product can scoot around in the garden thanks to the three springs that it has and the strong wheels that it has which will not...