Social Entrepreneurship Quiz

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Questions and Answers

What is the primary focus of social entrepreneurship?

  • Achieving social change through new business ventures (correct)
  • Maximizing profit through innovative business practices
  • Establishing non-profit organizations for social value generation
  • Providing charity and welfare services to the community

What distinguishes social enterprises from charities or welfare agencies?

  • They focus solely on financial benefits for the community
  • They are solely profit-driven ventures
  • They are private businesses with an emphasis on human values (correct)
  • They are government-funded organizations

What are the core elements of social enterprise as mentioned in the text?

  • Operating for environmental sustainability, emphasizing profit, promoting social exclusion
  • Focusing on individual benefits, relying on external funding, prioritizing profit over social value
  • Providing benefits for a community, creating self-help opportunities, utilizing sound commercial practices (correct)
  • Maximizing profit, engaging in charity work, focusing on governmental support

What is the central criterion of a successful social entrepreneur according to the text?

<p>Generating social value, not wealth (B)</p> Signup and view all the answers

What kind of organizations do social entrepreneurs operate in, as mentioned in the text?

<p>Innovative nonprofits, social-purpose ventures, and hybrid organizations (B)</p> Signup and view all the answers

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