Entrepreneurship Fundamentals

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10 Questions

What do large companies need to do to sustain their existence?

Continually expand and diversify their entrepreneurial activities

What is social entrepreneurship related to?

Entrepreneurial activities carried out by social enterprises, NGOs and charitable organizations

What is the process of social entrepreneurship involved in?

Recognizing a social problem and applying an entrepreneurial approach

What is an example of an economic-based social entrepreneurship project?

Grameen Bank in Bangladesh

What is the objective of the Grameen Bank in Bangladesh?

To provide easy and cheap credit to poor women who are involved in micro business

What type of societies are formed to cater to specific interests?

Societies like the Malaysian Nature Society, Environmental Protection Society of Malaysia and Amnesty International

What is the purpose of Students in Free Enterprise (SIFE)?

To promote entrepreneurship among students

What is the social objective of social entrepreneurship?

To achieve social objectives or social ROI (return on investment)

What is the main difference between social entrepreneurship and traditional entrepreneurship?

Social entrepreneurship focuses on achieving social objectives

What type of organizations are involved in social entrepreneurship?

Social enterprises, NGOs and charitable organizations

This quiz covers the basics of entrepreneurship, including the creation of new value, novel products, and innovative methods of production and market entry.

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