IGCSE, A Level Business Student Forum

Q5. Explain one role of an intrapreneur in an existing business. [3]

----
Possible Structure:
[KN]
[AN]
[AN+]

[KN]Intrapreneurs innovate within the framework of an existing business.
[AN]They bring fresh and new ideas to the business.
[AN+]which leads the business towards success and growth.

KN: They bring in fresh innovative ideas into the business which helps the business in developing more and more products/serices
AN: In this way the business can expand itself as it will have much more market oppurtunities.
AN+:When business growth takes place the buisness will be focusing on other objectives such as profit maximization

[KN] inject creativity and innovation in the business
[AN] they develop ideas for the new products to increase sales or create exciting ways of promoting the existing products
[AN+] hence, resulting in increasing market share along with the brand image and customer loyalty and the increasing revenue and profits

Kn: Intraprenures are the workers in a company who are asked for special ideas for a project.
An: They are very creative and generate new and more bright ideas for tge further projects in a business in order to improvise the product acording to the consumer demand.
An+: These decissions will make business come up with new inovative ideas and products which will make them set new trend in markets and become more competitive.

Kn:An entrepreneur starts a company as a means of providing a good or service. An intrapreneur seeks to improve an existing company
An: an intrapreneur develops skills to solve problems and find solutions for it in a business , and pitches in innovative ideas
An+ similarly Intrapreneurs aim for staying ahead of their competitors by constantly exploring new ideas

[KN] A key role of an intrapreneur in an existing businesses to encourage original thinkers and investors to stay in the business. [AN] This is essential as there may exist several individuals in the business that could help to bring put ideas into the business through their creativity. This may be possible if the business works to make them feel more valued by giving them a greater say in business activities [AN+] This may help the business to flourish in the market as the innovation allowing it to remain competitive and identify gaps into the market leading to greater customer loyalty.

KN: Intrapreneurs are creative individuals that are the intellectual capital of the business
AN: intrapreneurs are responsible for innovating with in the corporate framework
AN+: Innovation will help a business in creating a USP and gaining competitive advantage

KN: Intrapreneurs are creative individuals that are the intellectual capital of the business
AN: intrapreneurs are responsible for innovating with in the corporate framework
AN+: Innovation will help a business in creating a USP and gaining competitive advantage

[KN]Their role is to indroduce creativity in the business.
[AN]eg by developing new products into the market.
[AN+]this will increase the buisness sales in the market

[KN] they have to generate creative & innovative ideas
[AN] this may benefit & improve the business
[AN+] this may lead to promotion or a bonus for intrapreneur

[KN]: Intrapreneurs help to innovate new ideas into the business.
[AN]: This could lead the business to explore new options for growth.
[AN+]: The business would diversify and reduce it's risk, while also having access to a larger customer base.

[KN] One of the important roles of intrapreneurs can be innovation and growth within the company.
[AN] They actively seek out ways to improve the business's products and services or develop entirely new and innovative products to improve the growth of the business.
[AN+]By doing so the company will stay competitive and can adapt to the dynamic market.

(Kn) innovation and new ideas.
(An) intrapreneur would come with new ideas in production line to increase its quality or to generate a USP of the product.
(An+) this would help attract more consumers to buy that product hence, increases consumer base for the business.

[KN] INtrapreneur plays a role of creativity and innovation in the business
[AN] new opportunities for internal growth are made for the business e.g launching a new product or service in the market
[An+] there will be a increase in the consumer base which will in the higher revenue generation