Question 1

Explain why CSR makes good business sense.

Accepted Answer

Effective CSR can result in more engaged customers,lead to real innovations,decrease costs,decrease waste,save energy expenses,reduce packaging,increase public image,improve brand,and bring people together.

Question 2

Stakeholders who have both urgency and legitimacy but lack the power to influence are considered ______.

Accepted Answer

A) dormant stakeholders 
B) discretionary stakeholders 
C) dependent stakeholders 
D) definitive stakeholders 
A) dormant stakeholders 
B) discretionary stakeholders 
C) dependent stakeholders 
D) definitive stakeholders C

Question 3

Describe the four phases of entrepreneurship as defined by the Global Entrepreneurship Monitor study.

Accepted Answer

The GEM study process begins with potential entrepreneurs,who are people who believe they have the capacity and know-how to start a business and are unhindered by a fear of failure.The next phase is that of the nascent entrepreneur,people who have actually set up a business but only within the last three months.They have not yet generated enough money to pay themselves.The next phase is that of the new business owner,which is someone who has made it through the nascent phase and has been actively involved in their business for more than three months but less than three-and-a-half years.The final phase is that of the established business owner,the person who has stayed active in their business for more than three-and-a-half years.

Question 4

Overpopulation and the dramatic increase in life expectancy are examples of ______.

Accepted Answer

A) easily solved problems 
B) wicked problems 
C) issues only relevant to developing countries 
D) problems with a clear solution 
A) easily solved problems 
B) wicked problems 
C) issues only relevant to developing countries 
D) problems with a clear solution

Question 5

Stakeholder attributes are relatively fixed.

Accepted Answer

A) True 
 B)False

Question 6

According to the text,faith in the inherent goodness of social entrepreneurship is the key to resolving wicked problems.

Accepted Answer

A) True 
 B)False

Question 7

Earned-income activities allow enterprising nonprofits to ______.

Accepted Answer

A) accept funding from the government 
B) accept donations from other nonprofits 
C) receive financial assistance such as grants,along with a high level of engagement by the funder 
D) sell products or services that are used as a source of revenue generation 
A) accept funding from the government 
B) accept donations from other nonprofits 
C) receive financial assistance such as grants,along with a high level of engagement by the funder 
D) sell products or services that are used as a source of revenue generation

Question 8

The "Buy One Give One" campaign is an example of a hybrid social venture model.

Accepted Answer

A) True 
 B)False

Question 9

Social entrepreneurs and traditional entrepreneurs are similar in that both ______.

Accepted Answer

A) measure success solely based on profit 
B) Have the same mission and goals 
C) measure success solely based on improving societal well-being 
D) identify opportunities 
A) measure success solely based on profit 
B) Have the same mission and goals 
C) measure success solely based on improving societal well-being 
D) identify opportunities

Question 10

What population does Audacious Project award winner GirlTrek target in its health and well-being goals?

Accepted Answer

A) African American women 
B) teenage girls 
C) girls with physical disabilities 
D) obese women 
A) African American women 
B) teenage girls 
C) girls with physical disabilities 
D) obese women

Question 11

Typically,venture philanthropy funding provides financial support for three to five years with the goal of enabling the venture to eventually become financially independent.

Accepted Answer

A) True 
 B)False

Question 12

Michele has both power and legitimacy,giving her a great deal of influence in your organization.You would be wise to communicate with her regularly and respond to her queries efficiently and accurately to maintain a good relationship with her.Michele is an example of a ______.

Accepted Answer

A) dormant stakeholder 
B) discretionary stakeholder 
C) demanding stakeholder 
D) dominant stakeholder 
A) dormant stakeholder 
B) discretionary stakeholder 
C) demanding stakeholder 
D) dominant stakeholder

Question 13

Explain how social entrepreneurs can use capital markets to fund their ventures.

Accepted Answer

Social entrepreneurs can seek funding fr

Question 14

Organic Valley is an example of a/an ______,in which the company solves a social problem for farmers but still remains profitable.

Accepted Answer

A) NGO 
B) social purpose venture 
C) charity 
D) LLC 
A) NGO 
B) social purpose venture 
C) charity 
D) LLC

Question 15

It is possible for enterprising nonprofits to use both venture philanthropy funding and earned-income activities.

Accepted Answer

A) True 
 B)False

Question 16

Social consequence entrepreneurship describes a ______.

Accepted Answer

A) for-profit venture whose primary market impact is financial 
B) non-profit venture whose primary market impact is financial 
C) non-profit venture whose primary market impact is social 
D) for-profit venture whose primary market impact is social 
A) for-profit venture whose primary market impact is financial 
B) non-profit venture whose primary market impact is financial 
C) non-profit venture whose primary market impact is social 
D) for-profit venture whose primary market impact is social

Question 17

Explain how social entrepreneurship can help resolve wicked problems around the world.

Accepted Answer

Social entrepreneurship can help resolve

Question 18

______ is a term used to describe financial services-including loans,insurance,and savings-to people considered ineligible to receive traditional banking services.

Accepted Answer

A) Hardship services 
B) Philanthropic banking 
C) Microfinance 
D) Socially conscious lending 
A) Hardship services 
B) Philanthropic banking 
C) Microfinance 
D) Socially conscious lending

Question 19

Jing has no power or legitimacy; she is quite often the only dissenting voice in the room.Jing is an ideal example of a ______.

Accepted Answer

A) dormant stakeholder 
B) discretionary stakeholder 
C) demanding stakeholder 
D) dominant stakeholder 
A) dormant stakeholder 
B) discretionary stakeholder 
C) demanding stakeholder 
D) dominant stakeholder

Question 20

The aim of a social purpose venture is ______.

Accepted Answer

A) to resolve a social problem with a nonprofit approach 
B) strictly to make a profit 
C) to both resolve a social problem and make a profit 
D) to create awareness about a social issue 
A) to resolve a social problem with a nonprofit approach 
B) strictly to make a profit 
C) to both resolve a social problem and make a profit 
D) to create awareness about a social issue

Explain why CSR makes good business sense.

Stakeholders who have both urgency and legitimacy but lack the power to influence are considered ______.

Describe the four phases of entrepreneurship as defined by the Global Entrepreneurship Monitor study.

Overpopulation and the dramatic increase in life expectancy are examples of ______.

Stakeholder attributes are relatively fixed.

According to the text,faith in the inherent goodness of social entrepreneurship is the key to resolving wicked problems.

Earned-income activities allow enterprising nonprofits to ______.

The "Buy One Give One" campaign is an example of a hybrid social venture model.

Social entrepreneurs and traditional entrepreneurs are similar in that both ______.

What population does Audacious Project award winner GirlTrek target in its health and well-being goals?

Typically,venture philanthropy funding provides financial support for three to five years with the goal of enabling the venture to eventually become financially independent.

Michele has both power and legitimacy,giving her a great deal of influence in your organization.You would be wise to communicate with her regularly and respond to her queries efficiently and accurately to maintain a good relationship with her.Michele is an example of a ______.

Explain how social entrepreneurs can use capital markets to fund their ventures.

Organic Valley is an example of a/an ______,in which the company solves a social problem for farmers but still remains profitable.

It is possible for enterprising nonprofits to use both venture philanthropy funding and earned-income activities.

Social consequence entrepreneurship describes a ______.

Explain how social entrepreneurship can help resolve wicked problems around the world.

______ is a term used to describe financial services-including loans,insurance,and savings-to people considered ineligible to receive traditional banking services.

Jing has no power or legitimacy; she is quite often the only dissenting voice in the room.Jing is an ideal example of a ______.

The aim of a social purpose venture is ______.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Testing and Experimenting With New Ideas

Supplement A: Financial Statements and Projections for Startups

Developing Networks and Building Teams

Supplement B: the Pitch Deck

Creating Revenue Models

Planning for Entrepreneurs

Anticipating Failure

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Filters

Exam 16: Supporting Social Entrepreneurship

Explain why CSR makes good business sense.

Stakeholders who have both urgency and legitimacy but lack the power to influence are considered ______.

Describe the four phases of entrepreneurship as defined by the Global Entrepreneurship Monitor study.

Overpopulation and the dramatic increase in life expectancy are examples of ______.

Stakeholder attributes are relatively fixed.

According to the text,faith in the inherent goodness of social entrepreneurship is the key to resolving wicked problems.

Earned-income activities allow enterprising nonprofits to ______.

The "Buy One Give One" campaign is an example of a hybrid social venture model.

Social entrepreneurs and traditional entrepreneurs are similar in that both ______.

What population does Audacious Project award winner GirlTrek target in its health and well-being goals?

Typically,venture philanthropy funding provides financial support for three to five years with the goal of enabling the venture to eventually become financially independent.

Michele has both power and legitimacy,giving her a great deal of influence in your organization.You would be wise to communicate with her regularly and respond to her queries efficiently and accurately to maintain a good relationship with her.Michele is an example of a ______.

Explain how social entrepreneurs can use capital markets to fund their ventures.

Organic Valley is an example of a/an ______,in which the company solves a social problem for farmers but still remains profitable.

It is possible for enterprising nonprofits to use both venture philanthropy funding and earned-income activities.

Social consequence entrepreneurship describes a ______.

Explain how social entrepreneurship can help resolve wicked problems around the world.

______ is a term used to describe financial services-including loans,insurance,and savings-to people considered ineligible to receive traditional banking services.

Jing has no power or legitimacy; she is quite often the only dissenting voice in the room.Jing is an ideal example of a ______.

The aim of a social purpose venture is ______.

Practicing Entrepreneurship

Activating an Entrepreneurial Mindset

Creating and Recognizing New Opportunities

Using Design Thinking

Building Business Models

Developing Your Customers

Testing and Experimenting With New Ideas

Supplement A: Financial Statements and Projections for Startups

Developing Networks and Building Teams

Supplement B: the Pitch Deck

Creating Revenue Models

Planning for Entrepreneurs

Anticipating Failure

Bootstrapping and Crowdfunding for Resources

Financing for Startups

Navigating Legal and Ip Issues

Engaging Customers Through Marketing

Filters