Create an Intrapreneurship Application Assignment on how to efficiently give orders to customers despite the constraints of the speed timer at Tim Hortons based on course concepts below:

Intrapreneurship promotes innovation within an existing organization by encouraging employees to think and act like entrepreneurs. This involves fostering a culture that allows employees to take risks, develop new ideas, and implement them, all within the safety of an established company.

Key aspects of intrapreneurship include:

Risk$-$taking: Intrapreneurs are willing to take risks to innovate and improve the company's operations or products.

Proactivity: Intrapreneurs take the initiative to identify opportunities and act on them.

Innovation: Intrapreneurship is all about coming up with new ideas and ways of doing things.

Innovation

Innovation is the process of creating and implementing a new idea, method, or device. This can involve improving existing products or services, creating new ones, or finding more efficient ways to do things.

Innovation can be categorized into two main types:

Incremental Innovation: This involves making small improvements to existing products, services, or processes. It's often less risky and requires less resources.

Example: Improving the battery life of a smartphone.

Radical Innovation: This involves creating entirely new products, services, or processes that can disrupt existing markets or create new ones. It's often more risky and requires more resources.

Example: The invention of the smartphone.

Innovation is crucial for businesses as it can lead to increased competitiveness, improved productivity, and growth.

Intrapreneurship Innovation

Encourages employees to act like entrepreneurs Process of creating and implementing a new idea

Involves risk$-$taking, proactivity, and innovation Can be incremental or radical

Can lead to innovation within a company Crucial for business competitiveness and growth