Exploring the Fundamentals of Social Entrepreneurship

Mervin, a young entrepreneur, inherits a smart cow named Marge, who helps him produce popular cheese. Despite his business success, Mervin is unhappy due to his country's economic decline. Marge introduces him to social entrepreneurship, which focuses on reinvesting profits for community well-being. Mervin embraces this approach, balancing economic, social, and environmental goals. The video encourages viewers to explore social entrepreneurship to positively impact their communities while maintaining a steady income.

What did Mervin inherit from his grandpa?

• A cheese factory

• A bakery

• A cow named Marge

• A farm

What product does Mervin make from Marge's milk?

• Butter

• Yogurt

• Ice cream

• Cheese

What issue is Mervin concerned about in his country?

• Lack of education

• Unemployment

• Climate change

• High taxes

What concept does Marge introduce to Mervin?

• Corporate management

• Financial investment

• Social entrepreneurship

• Traditional entrepreneurship

In social entrepreneurship, how is profit used?

• To reinvest in the community

• To increase the owner's wealth

• To buy more products

• To pay off debts

What additional measures are used to gauge business success in social entrepreneurship?

• Positive social and ecological impact

• Market share

• Amount of sales

• Number of employees

What goals does Mervin balance as a social entrepreneur?

• Economic, cultural, and political

• Social, political, and environmental

• Financial, personal, and social

• Economic, social, and environmental

What kind of changes do social entrepreneurs aim to achieve?

• Political reforms

• Positive social and environmental changes

• Cultural shifts

• Technological advancements

What is one example of a positive change that social entrepreneurs might focus on?

• Increasing market share

• Maximizing profits

• Environmental protection

• Expanding globally

What is the ultimate message Mervin's example conveys?

• Change is possible and within our control

• Community work is not profitable

• Business should focus solely on growth

• Profit is the most important goal