Chapter 4 Pre Test Verified Solutions
The definition of social entrepreneurship involves ️sourcing innovative solutions
In addition to creating social value, social entrepreneurs must also create: ️economic value
Which of the following is not a characteristic of a wicked problem? ️The p...
Chapter 4 Pre Test Verified Solutions
The definition of social entrepreneurship involves ✔️sourcing innovative solutions
In addition to creating social value, social entrepreneurs must also create: ✔️economic value
Which of the following is not a characteristic of a wicked problem? ✔️The problem is created by
lawmakers whose intentions are money-driven rather than socially driven.
A venture that has a social venture mission and a social primary market impact is referred to as:
✔️social purpose venture
This type of nonprofit is required to channel profits back into the organization ✔️Enterprising
nonprofits
Social entrepreneurs can raise capital from their for-profit or non-profit organizations through
____________. ✔️Social Venture Capitalists (SVC)
Entrepreneurial ventures must ______ their stakeholders. ✔️manage
Social entrepreneurship is said to be ______ driven, while corporate social responsibility is said to be
______ driven. ✔️purpose/consequence
WISE stands for work influence standard environment T or F ✔️False
Social entrepreneurs are taking an inclusive approach to resolving problems in developing countries T or
F ✔️True
large complex social problems where there is no clear solution, where there is limited, confusing, or
contradictory problems with no clear solution ✔️wicked problem
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