Podcast
Questions and Answers
What is the primary goal of social enterprises?
What is the primary goal of social enterprises?
- To innovate and experiment in the market
- To maximize profits
- To tackle social problems and challenges (correct)
- To compete with commercial businesses
How do social enterprises differ from traditional businesses?
How do social enterprises differ from traditional businesses?
- They are non-profit organizations
- They operate only in the voluntary sector
- They are small-scale businesses
- They have a social mission as their core purpose (correct)
What happens to the profits made by social enterprises?
What happens to the profits made by social enterprises?
- They are used to pay off debts
- They are donated to charity
- They are distributed to shareholders
- They are reinvested into the business or local community (correct)
What is a characteristic of social enterprises?
What is a characteristic of social enterprises?
What is the minimum percentage of income that social enterprises aim to derive from commercial activity?
What is the minimum percentage of income that social enterprises aim to derive from commercial activity?
What is a key feature of social enterprises' governance?
What is a key feature of social enterprises' governance?
What drives the activities of social enterprises?
What drives the activities of social enterprises?
What is the relationship between social enterprises and the voluntary sector?
What is the relationship between social enterprises and the voluntary sector?
What is a potential source of income for social enterprises besides investments?
What is a potential source of income for social enterprises besides investments?
What is the primary goal of social enterprises in terms of scaling up?
What is the primary goal of social enterprises in terms of scaling up?
What is a characteristic of entrepreneurial readiness in social enterprises?
What is a characteristic of entrepreneurial readiness in social enterprises?
What should a social enterprise mission statement explain?
What should a social enterprise mission statement explain?
What is a benefit of having a good mission statement?
What is a benefit of having a good mission statement?
What should a social enterprise mission statement specify?
What should a social enterprise mission statement specify?
What is an improvement in the revised XYZ mission statement compared to the initial one?
What is an improvement in the revised XYZ mission statement compared to the initial one?
What is a characteristic of mixed funding in social enterprises?
What is a characteristic of mixed funding in social enterprises?
What distinguishes a social enterprise from other types of businesses?
What distinguishes a social enterprise from other types of businesses?
Which of the following is an unethical business practice?
Which of the following is an unethical business practice?
According to the business model for Boaz and Ruth, who are considered strategic resources?
According to the business model for Boaz and Ruth, who are considered strategic resources?
Which value is NOT typically associated with co-operatives?
Which value is NOT typically associated with co-operatives?
Which entity is NOT listed as a partner in the business model description for Boaz and Ruth?
Which entity is NOT listed as a partner in the business model description for Boaz and Ruth?
What component links the vulnerable population to job training in Boaz and Ruth's model?
What component links the vulnerable population to job training in Boaz and Ruth's model?
What is an example of a WISE (Work Integration Social Enterprise)?
What is an example of a WISE (Work Integration Social Enterprise)?
Which of the following is a demand side threat to a social enterprise?
Which of the following is a demand side threat to a social enterprise?
Which of the following is a traditional ethical value held by co-operative members?
Which of the following is a traditional ethical value held by co-operative members?
Which of these is not aligned with the ethical values of co-operative members?
Which of these is not aligned with the ethical values of co-operative members?
What is a common reason for the failure of many social enterprises?
What is a common reason for the failure of many social enterprises?
What kind of social objectives are valued in a social enterprise?
What kind of social objectives are valued in a social enterprise?
What is a key characteristic of a co-operative?
What is a key characteristic of a co-operative?
What does a supply side threat entail for a social enterprise?
What does a supply side threat entail for a social enterprise?
What is a key aspect of social values in business?
What is a key aspect of social values in business?
What is an example of ethical behaviour in business?
What is an example of ethical behaviour in business?
What is a key principle of empowerment in business?
What is a key principle of empowerment in business?
What is a benefit of good employment practices?
What is a benefit of good employment practices?
What is an example of unethical behaviour in business?
What is an example of unethical behaviour in business?
What is a key aspect of transparency and trust in business?
What is a key aspect of transparency and trust in business?
What is a benefit of co-operation between enterprises?
What is a benefit of co-operation between enterprises?
What is a key aspect of equality in business?
What is a key aspect of equality in business?
What type of measures are used in the Ashoka metrics?
What type of measures are used in the Ashoka metrics?
What is benchmarking in the context of social enterprises?
What is benchmarking in the context of social enterprises?
What is Social Return on Investment (SROI) attempting to quantify?
What is Social Return on Investment (SROI) attempting to quantify?
What is enterprise value in the context of SROI?
What is enterprise value in the context of SROI?
What is social purpose value in the context of SROI?
What is social purpose value in the context of SROI?
What is blended value in the context of SROI?
What is blended value in the context of SROI?
What is typically the case for social enterprises in terms of enterprise value?
What is typically the case for social enterprises in terms of enterprise value?
What are private donations considered to have in terms of social purpose value?
What are private donations considered to have in terms of social purpose value?
What is a key characteristic of continuous measures?
What is a key characteristic of continuous measures?
Which component involves systematically studying the quality, success, or worthiness of an enterprise?
Which component involves systematically studying the quality, success, or worthiness of an enterprise?
What is measured using a binary approach?
What is measured using a binary approach?
Which aspect of social enterprises makes value measurement more difficult?
Which aspect of social enterprises makes value measurement more difficult?
What type of measurement compares performance to a schedule or timeline in a plan?
What type of measurement compares performance to a schedule or timeline in a plan?
Which component is defined as an organization’s ability to attain desirable outcomes?
Which component is defined as an organization’s ability to attain desirable outcomes?
What kind of scale could range from 'very effective' to 'very ineffective'?
What kind of scale could range from 'very effective' to 'very ineffective'?
Which of the following is not a possible target for measurement in a social enterprise as per Figure 5.1?
Which of the following is not a possible target for measurement in a social enterprise as per Figure 5.1?
What value is added to calculate the social purpose value?
What value is added to calculate the social purpose value?
How is the Blended index of return calculated?
How is the Blended index of return calculated?
Which measure might make social enterprises appear inefficient compared to commercial enterprises?
Which measure might make social enterprises appear inefficient compared to commercial enterprises?
What does the Enterprise index of return measure?
What does the Enterprise index of return measure?
At what point in Figure 5.3 is mission adherence maximized?
At what point in Figure 5.3 is mission adherence maximized?
What is included in the calculation of enterprise value?
What is included in the calculation of enterprise value?
What represents a common tradeoff for social enterprise managers?
What represents a common tradeoff for social enterprise managers?
What is the optimum point of mission adherence referred to in Figure 5.3?
What is the optimum point of mission adherence referred to in Figure 5.3?
What can a social venture do after winning and wanting to move on?
What can a social venture do after winning and wanting to move on?
What is likely to happen to many new social organizations within their first four years?
What is likely to happen to many new social organizations within their first four years?
How should the failure of a social enterprise primarily be interpreted?
How should the failure of a social enterprise primarily be interpreted?
Which type of organizations were noted as being particularly fragile in the 1990s?
Which type of organizations were noted as being particularly fragile in the 1990s?
What opportunity arises from the failure of one social enterprise?
What opportunity arises from the failure of one social enterprise?
What is NOT a potential outcome for social ventures after achieving their mission?
What is NOT a potential outcome for social ventures after achieving their mission?
Which growth strategy involves finding new consumers for existing services?
Which growth strategy involves finding new consumers for existing services?
What competitive force involves the threat of new entrants to a market?
What competitive force involves the threat of new entrants to a market?
In the context of social enterprises, what do socio-economic changes influence?
In the context of social enterprises, what do socio-economic changes influence?
Which example best represents product diversification?
Which example best represents product diversification?
Which factor represents a parallel threat to social enterprises?
Which factor represents a parallel threat to social enterprises?
What is essential for a merger proposal in a growth strategy?
What is essential for a merger proposal in a growth strategy?
Which competitive force involves clients finding alternative ways to meet their needs?
Which competitive force involves clients finding alternative ways to meet their needs?
What does product development in social enterprise growth involve?
What does product development in social enterprise growth involve?
What type of growth strategy involves market penetration?
What type of growth strategy involves market penetration?
What does competition with other groups serving the same clients represent in social enterprises?
What does competition with other groups serving the same clients represent in social enterprises?
What is a key element in the intrapreneurial process?
What is a key element in the intrapreneurial process?
What characteristic of social entrepreneurship involves both degree and frequency?
What characteristic of social entrepreneurship involves both degree and frequency?
Which practice within an organization helps to create an intrapreneurial environment?
Which practice within an organization helps to create an intrapreneurial environment?
What is often necessary to support the implementation of ideas in an entrepreneurial process?
What is often necessary to support the implementation of ideas in an entrepreneurial process?
Why is it important for an organization to encourage the development of new ideas?
Why is it important for an organization to encourage the development of new ideas?
Which groups are typically resistant to market-based change?
Which groups are typically resistant to market-based change?
Which dimension of entrepreneurial intensity involves incremental improvements?
Which dimension of entrepreneurial intensity involves incremental improvements?
What is a common challenge during social venture growth?
What is a common challenge during social venture growth?
How can an organization make innovation a goal?
How can an organization make innovation a goal?
What can trigger an intrapreneurial process within an organization?
What can trigger an intrapreneurial process within an organization?
