SE MOCK

Social needs may include

• Unemployment

• Health Care

• a.       Poverty / Homelessness

• a.       All of them

____ is a special type of limited company which exists to benefits the community.

• CIC

• CIO

• COOP

• NONE

In which activities social enterprise will engage?

• To tackle social problems

• Meet the needs of people

• Taking care for environment

• All of the above

Social value is considered in three ways, which among these is wrong?

• Social

• Economic

• Environmental

• Industry

What are the advantages of being a social enterprise?

• Limited access to funding opportunities

• Limited social impact

• Have flexibility and freedom of choice

• Inability to generate profits

What are the disadvantages of being a social enterprise?

• Lack of accountability

• Limited community engagement

• Difficulty in attracting skilled employees

• a.       Inability to address social needs effectively

Which among this is considered as a Social Enterprise?

• a.      Establish as the premier purveyor of the finest coffee in the world while maintaining our uncompromising principles as we grow.

• a.      Give customers what they want, and get it for them faster than anyone else.

• a.      Transportation as reliable as running water, everywhere for everyone.

• a.      To become the world’s leading provider of premium products and premium services for individual mobility.

1)      What is the correct characteristic of social enterprise?

• a.      Holding assets and wealth for the business and personal benefit.

• a.      Independent organisation with accountability to defined constituency and wider community.

• a.      Both A and B

• a.      None of them

1)      Which of the following is a potential disadvantage of being a social enterprise?

• a.      Limited access to resources

• a.      Lack of public recognition and support

• a.      Inability to attract customers or clients

• a.      Lack of flexibility in decision-making

1)      Which of the following is NOT a type of social enterprise based on legal structure?

• a.      Community Interest Companies (CICs)

• a.      Limited Liability Companies (LLCs)

• a.      Cooperatives (COOP)

• a.      None of the above