17 Questions
What are some of the tensions that sustainable enterprises may face?
Collaboration and Competition
How can 'vicious cycles' arise in sustainable enterprises?
By ignoring or mishandling organizational tensions
What does 'decoupling' refer to in the context of sustainable enterprises?
Supporting one logic while only symbolically backing the other
What can 'mission drift' or 'greenwashing' result from in an organization?
Claiming to pursue social goals while primarily focusing on profit
What makes sustainable enterprises highly complex and difficult to manage?
The presence of manifold organizational tensions
What strategies are usually applied when organizational tensions are not handled well?
'Vicious' strategies such as decoupling or symbolic practices
What is the main characteristic of the market orientation of sustainable entrepreneurs according to the text?
They operate in commercial markets and generate profits to reinvest in their social mission.
What is the definition of social innovation provided in the text?
A novel solution to a social problem that is more effective, efficient, sustainable, or just than existing solutions and for which the value created accrues primarily to society as a whole rather than private individuals.
Which of the following is NOT a key characteristic of the market orientation of sustainable entrepreneurs?
A workforce composed entirely of volunteers.
How does the text relate the concept of 'creative disruption' to sustainable entrepreneurs?
Sustainable entrepreneurs engage in 'creative disruption' to develop novel solutions to social problems.
Which of the following is NOT a key pillar of sustainable entrepreneurship according to the text?
Environmental sustainability
What does the text suggest about the relationship between sustainable enterprises and nonprofit organizations?
Sustainable enterprises are distinct from nonprofit organizations in that they have a clear market orientation.
What are the three components of the Triple Bottom Line that sustainable enterprises must balance?
Economic, Social, and Environmental
Which of the following is an example of a tension that sustainable enterprises must manage between the three components of the Triple Bottom Line?
All of the above
What is the first step in Paradox Theory for handling organizational tensions?
Awareness of the (paradoxical) tension
What is the creative business model example provided in the text that combines economic profitability and social mission?
Discovering Hands
What is the example provided in the text of a creative organizational activity that allows for global synergies and local adaption?
Viva con Agua
Test your knowledge on handling organizational tensions using the Paradox Theory. This quiz covers steps like awareness of tension, identifying solutions or dealing with complexity, and becoming creative. Questions also touch on economic profitability, social/environmental mission, investor demands, and more.
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