Tutorial 11 Social Ent

What is Social Entrepreneurship?

• An innovative approach to addressing social issues

• A type of business organization

• A program to create social awareness

• A scheme to increase business profits

Which of the following is not a characteristic of a social entrepreneur?

• Mission-driven

• Profit-driven

• Innovative

• Persistent

What is the primary goal of a social entrepreneur?

• Creating societal value

• Generating revenue

• Gaining fame

• Increasing employee count

Which of the following best defines a social enterprise?

• An organization that only employs volunteers

• A business that solely focuses on profits

• A venture that aims to solve social problems through business strategies

• An organization that donates to charity

How is a social enterprise different from a non-profit organization?

• Social enterprises do not have a social mission

• Non-profit organizations do not use business strategies

• Social enterprises generate a significant portion of income through commercial activities

• Non-profit organizations do not provide goods or services

What is "triple bottom line" in social entrepreneurship?

• Profits, market share, and company size

• People, planet, and profits

• Marketing, sales, and distribution

• Customers, suppliers, and employees

Who coined the term "social entrepreneur"?

• Peter Drucker

• Bill Gates

• Muhammad Yunus

• Bill Drayton

What is the role of innovation in social entrepreneurship?

• • To create new products for profit

• • To find novel solutions to social issues

• • To reduce operational costs

• • To increase market share

Which of the following is a common characteristic of social entrepreneurs?

• They are primarily motivated by profit

• They focus on social impact rather than financial gain

• They disregard societal issues in favor of business growth

• They prioritize short-term gains over long-term sustainability

1. What is a social impact measurement?

• Counting the number of employees in the organization

• Assessing the societal value created by a social enterprise

• Calculating the profits of a social enterprise

• Estimating the marketing reach of a social enterprise