SOCIAL OPPORTUNITY ASSESSMENT TOOL

How can the relevance of a perceived social need be determined?

• By analyzing competitor data

• Through surveying prospective target beneficiaries

• By assessing market trends

• Based on the entrepreneur's intuition

Why is community support important for a social opportunity?

• It helps reduce competition

• It ensures financial stability

• The community is a stakeholder and impacts quality of life

• It is a legal requirement

What does "mission alignment" refer to in the context of social opportunity assessment?

• Alignment with financial goals

• Alignment with organizational structure

• Alignment with competitor strategies

• Alignment with the venture's mission

What does the "window of opportunity" refer to in the market value potential assessment?

• A specific period when conditions are ideal for a favorable reception

• A physical opening in the market

• The transparency of market conditions

• The physical location of the market

Why is investor interest considered in the market value potential category?

• Investors determine the social impact

• It is a factor in the financial sustainability of the venture

• Investors control market share

• Investors influence community support

What is the relationship between market size and market share?

• Larger market guarantees larger market share

• It depends on investor interest

• Market size doesn't affect market share

• It relies on the level of competition in the market

What are barriers to entry discussed in the competitive advantage potential?

• Obstacles that make it difficult for new entrants to enter a market

• Government regulations

• Market Competition

• Investor preferences

What do social barriers to entry involve?

• Access to intellectual property

• Access to financial capital

• Access to labor markets, civic organizations, and social networks

• Institutional knowledge about the community

How is the ability to generate earned income defined in the topic--sustainability potential?

• Ability to cover costs and generate a profit

• Access to philanthropic financing sources

• A compelling mission

• Focus on narrow market segments

Why is a compelling mission important for sustainability potential?

• It attracts community support

• It ensures market size

• It guarantees a large market share

• It reduces competition