Question

Q:- Isn’t "corporate entrepreneurship" an oxymoron? Do the characteristics of an establishedorganization, such as its routines and structure, increase efficiency but at the same time kill anyentrepreneurial spirit? Is there any way that a company can have the best of both worlds?Illustrate in 300 words.​

Answer 1

Answer:

The Giffen Paradox is named after Sir Robert Giffen and is an exception to the Law of demand. He observed that when the price of bread increased, then the low-paid British wage earners bought more of bread and not less. This phenomena was referred to as 'Giffens Paradox'.

Answer 2

Answer:

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