Social Entrepreneurship and Ecopreneurship Quiz

Social Entrepreneurship Concepts

• Soxial Engineering: A leadership model where a person or small group funds and directs an organization.
• Social Entrepreneurship Process: Involves recognizing a perceived social opportunity and translating it into a viable enterprise concept.
• Sustainable Entrepreneurship: Emphasizes the importance of preserving nature and ensuring long-term ecological balance.
• Ecopreneurship: Focuses on entrepreneurial actions that specifically contribute to the preservation of the natural environment.
• Social Entrepreneurship: Involves activities and processes aimed at discovering, defining, and exploiting social opportunities.
• Corporate Social Responsibility: Refers to actions taken by businesses to promote social good alongside their operations.

Leadership and Environmental Strategies

• Ecovision: A leadership style that fosters open and flexible organizational structures involving employees, the organization, and the environment.
• Environmental Movement: Driven by values rather than design, emphasizing grassroots initiatives for environmental change.
• Shared Value: An approach that aims to create both economic value and societal benefits.

Triple Bottom Line Framework

• Triple Bottom Line: An accounting framework focused on measuring performance beyond mere profit, encompassing:
  • Economic Performance
  • Environmental Sustainability
  • Social Impact

Threats and Risks for Interns

• Political Risks: Include unstable governments, conflicts, and ideological differences threatening organization stability.
• Economic Risks: Encompass tax law changes, rising costs, labor strikes, and significant GNP shifts affecting enterprises.
• Social Risks: Arise from class antagonism, religious conflicts, income inequality, and civil unrest.
• Financial Risks: Relate to fluctuating exchange rates, profit repatriation issues, and seasonal cash flow challenges.

Global Entrepreneurial Landscape

• Global Entrepreneurs: Individuals who are opportunity-minded and able to consider diverse perspectives in their ventures.
• Global Thinking: Entrepreneurs focusing on designing operations for expansion into foreign markets.
• Diaspora Networks: International connections formed among ethnic groups sharing cultural ties.

Trade Agreements and International Relations

• World Trade Organization (WTO): A global organization responsible for overseeing trade agreements and facilitating international commerce.
• North American Free Trade Agreement (NAFTA): A significant international agreement between Canada, Mexico, and the U.S. aimed at eliminating trade barriers.
• Importing: The process of purchasing and shipping foreign goods for domestic consumption.
• Exporting: Involves shipping domestically produced goods to foreign markets for consumption.
• International Alliances: Informal agreements between companies from multiple countries to collaborate on business endeavors.
• Direct Foreign Investment: Establishment of production facilities in a foreign country by a domestic entity.
• Licensing: A business arrangement allowing one company to produce and sell another's product, typically involving contractual terms.