21 Questions
What are wicked problems?
Complex social problems with no clear solution
What is the aim of Enterprising Nonprofits?
To resolve a social problem and make a profit
What do Impact-investment funds look for?
A return on investment and to make a social or environmental impact
What are the three primary attributes of stakeholders to consider?
Power, legitimacy, and urgency
What does CSR stand for?
Corporate Social Responsibility
What does ESG criteria stand for?
Economic, Social, and Governance
What does GEM measure?
Global Entrepreneurship Monitor
What is the aim of microfinance?
To provide financial services to people ineligible to receive banking services
What is the focus of Capital Markets for Social Entrepreneurs?
To resolve a social problem and make a profit
What do social entrepreneurs measure performance by?
Advancing social and environmental goals
What is a key factor in making a country entrepreneurial?
Cultural and social norms
Who are considered as new business owners according to the text?
Individuals actively involved in the business for 3 months to 3.5 years
What type of entrepreneurs are pushed into starting a business according to the text?
Necessity-based entrepreneurs
What is a main driver for opportunity-based entrepreneurs according to the text?
Independence or increasing income
What is a growing trend with many opportunities worth pursuing for both economic and social impact?
Social entrepreneurship
What is considered essential for each country around the world according to the text?
Building a climate where entrepreneurship can thrive
What is a key aspect of the entrepreneurship ecosystem mentioned in the text?
Research and Development (R&D) transfer
Who are individuals actively involved in the business for more than 3.5 years considered to be according to the text?
Established business owners
What is a significant factor for necessity-based entrepreneurs according to the text?
Financial resources
What type of entrepreneurs start a business to create or exploit opportunity with the main driver being independence or increasing their income?
Opportunity-based entrepreneurs
What type of support is mentioned as crucial for entrepreneurs in the text?
Financial support from investors
Test your knowledge of social entrepreneurship with this quiz on Chapter 16 of MGT 340 – Fundamentals of Entrepreneurship by Dr. Kipp A. Krukowski. Explore the role of social entrepreneurship in addressing social and environmental issues, measuring performance, and fostering empathy and commitment.
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