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WorksheetsTriple Bottom Line
Total questions: 23
Worksheet time: 11mins
A ________ is similar in purpose to a social enterprise but it is dependant on donations and fundraising.
business
charity
non-profit
A ______ is a for-profit or non-profit business that at it's core has a social, economic or environmental cause that it is helping
charity
company
social enterprise
social impact
An ________________ (also known as a private investor, seed investor or angel funder) is a high net worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company.
venture
investor
angel investor
angels
Clean scrubs reduce hospital-acquired infection rates by 66%. Moved by this issue and aware of the impact they could have, FIGS provides for every set of scrubs sold, a set to a healthcare provider in need.
angel investor
mentorship
social entrepreneur
venture capitalist
Diverse entrepreneurs, including gender diversity and racially diversity, is good for the economy.
true
false
Aritzia is...
a social enterprise
a company with a CSR strategy
non-profit
Levis' strategy to cut down on the water used in making their jeans is a
corporate social responsibility strategy
social enterprise
charity
non-profit
Tom's shoes - Sell One, Give One strategy
makes the business a social enterprise
is a corporate social responsibility plan
is a CSR strategy
A strong CSR strategy helps ... (tick all that apply)
attract customers
attract employees
the environment or an economic or social cause
social enterprise
True or false.
Companies should take the expectations of the broader community into account when making decisions.
True
False
The three areas of social responsibility of a business are:
Political, Economic, Environmental
Environmental, Social, Technological
Economic, Social, Environmental
Economic, Environmental, Ethical
CSR stands for
company socialite responsibility
corporate social responsibility
co-operative social responsibility
corporate social responder
Whilst _________ often fund their good work through donations and fundraising, __________ often sell products or services, in order to help their social cause and make a profit.
social enterprises, corporation
corporation, charity
charity, social enterprises
charity, corporation
______ is the obligation of businesses to make decisions that are good for society.
Corporate Social Responsibility
Corporate Responsibility
Corporate obligation
Corporate charity
The Triple Bottom Line is:
price, profit, people
people, planet, price
planet, price, place
people, planet, profit
The primary aim of social entrepreneurs is to create personal wealth.
True
False
How do entrepreneurs help create solutions to solve the world's social problems?
Through food and clothing donations
They create products, systems and solutions to help change people's lives.
They give lectures and courses for the local community
Social enterprises are always 'not-for-profit'
True
False
which of the following are the characteristics of social entrepreneurs
Social Catalysts
Socially aware
Innovative
All of the above
What is a B Corp organization?
A company that is in the process of adopting more sustainable practices
A company that supports community initiatives once a year
A company that meets high standards of social and environmental impact
What does not represent a B Corp organization?
Makes it their mission to rethink business-as-usual
Makes time to talk about sustainability but makes no effort to change
Makes the planet & people a core part of their offering alongside profit
This is a certification for businesses that focus on the people and the planet that shows consumers that they reach a high standard to Triple Bottom Line.
b-corp
social enterprise
charity
non-profit
What are the key benefits of being a B Corp?
Competitive advantage
Attract talent
Strengthens customer trust & loyalty
All the options are correct
