You studied two ways of categorizing innovation projects, namely exploit and explore. Explain both categories and give an example on each demonstrating your understanding. 2. The virtual company is an attractive early-stage funding concept/mechanism. Explain this concept showing how would you implement it yourself for your future endeavour. 3. Nasser argues that social entrepreneurship ventures are totally 100% different than business ventures. Do you agree with Nasser? If not justify your answer.

Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
Section: Chapter Questions
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1. You studied two ways of categorizing innovation projects, namely exploit and explore. Explain both categories and give an example on each demonstrating your understanding.

2. The virtual company is an attractive early-stage funding concept/mechanism. Explain this concept showing how would you implement it yourself for your future endeavour.

3. Nasser argues that social entrepreneurship ventures are totally 100% different than business ventures. Do you agree with Nasser? If not justify your answer.

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