Quiz on Social Entrepreneurship

What is the primary goal of social entrepreneurship?

• Maximizing profit

• Creating social or environmental impact

• Expanding globally

What makes social entrepreneurship unique compared to traditional entrepreneurship?

• It prioritizes social value over financial returns

• It relies exclusively on government funding

• It only operates in developing countries

Which of the following best describes a social entrepreneur?

• Someone who founds an organization for social change

• Someone who applies innovation to solve social problems

• Both answers are right

What is a key feature of a social enterprise?

• It reinvests profits into its social mission

• It does not distribute profits to shareholders

• Both answers are correct

Which of the following statements about social enterprises is FALSE?

• A. They always operate as nonprofits

• B. They aim to combine business efficiency with social good

• Only A is incorrect

How do social enterprises measure their impact?

• By tracking social and environmental change

• Only by financial profit

• By increasing product sales

What are the three components of the Triple Bottom Line (TBL)?

• People, Profit, and Environment

• Social, Environmental, and Economic

• Innovation, Competition, and Profitability

Who popularized the term 'social entrepreneur'?

• Bill Drayton

• Muhammad Yunus

• Jean-Baptiste Say

Which international framework aligns with social entrepreneurship goals?

• UN Sustainable Development Goals (SDGs)

• The World Trade Organization (WTO)

• The International Monetary Fund (IMF)

Which social enterprise was founded to promote ethical consumerism with trackable impact?

• ME to WE

• Goodwill

• Sonido