Question 1

Because so many people want to be social entrepreneurs it is easy to expand a highly successful social venture.

Accepted Answer

A) True 
 B)False

Question 2

Gaining certification as a C Corporations is considered a strong demonstration of social commitment for an enterprising nonprofit.

Accepted Answer

A) True 
 B)False

Question 3

How might a social entrepreneur be different from a classical entrepreneur?

Accepted Answer

@#LAT-DLM&The social entrepreneur is dissatisfied

Question 4

Hybrid social ventures have a revenue-generating component.

Accepted Answer

A) True 
 B)False

Question 5

How is the social entrepreneur rewarded, if not by financial reward?

Accepted Answer

The social entrepreneur is not motivated

Question 6

What is usually the easiest step in social entrepreneurship?

Accepted Answer

A) Finding partners 
B) Deciding the best form of organization 
C) Closing down the enterprise 
D) Identifying the opportunity 
E) Getting funding 
A) Finding partners 
B) Deciding the best form of organization 
C) Closing down the enterprise 
D) Identifying the opportunity 
E) Getting funding

Question 7

According to a 2010 Global Entrepreneurship Monitor study, what percentages of entrepreneurs are pursuing primarily economic, AND how many are pursuing social & economic goals, respectively?

Accepted Answer

A) 5% primarily economic; 46% social and economic 
B) 7.5% primarily economic; 46% social and economic 
C) 5% primarily economic; 42% social and economic 
D) 7.5% primarily economic; 42% social and economic 
A) 5% primarily economic; 46% social and economic 
B) 7.5% primarily economic; 46% social and economic 
C) 5% primarily economic; 42% social and economic 
D) 7.5% primarily economic; 42% social and economic

Question 8

Simply imitating a social venture is not social entrepreneurship.

Accepted Answer

A) True 
 B)False

Question 9

What is the most social impact focused type of social venture?

Accepted Answer

A) Enterprising nonprofit 
B) Traditional venture 
C) Hybrid 
D) Social purpose 
E) Social consequence 
A) Enterprising nonprofit 
B) Traditional venture 
C) Hybrid 
D) Social purpose 
E) Social consequence

Question 10

One reason to become a Certified B Corporation is to;

Accepted Answer

A) Create a material positive impact on society and the environment 
B) Expand fiduciary duties of directors that requires consideration of non-financial interests 
C) Signal its commitment to economic and social impacts 
D) A & C only 
E) All of the above 
A) Create a material positive impact on society and the environment 
B) Expand fiduciary duties of directors that requires consideration of non-financial interests 
C) Signal its commitment to economic and social impacts 
D) A & C only 
E) All of the above

Question 11

Which of the following is essential in order to undertake a social venture?

Accepted Answer

A) An existing organizational model. 
B) Receiving funding from a foundation. 
C) Recognizing an opportunity. 
D) Identifying a paying customer. 
E) All of the above. 
A) An existing organizational model. 
B) Receiving funding from a foundation. 
C) Recognizing an opportunity. 
D) Identifying a paying customer. 
E) All of the above.

Question 12

Corporate social responsibility is an example of social entrepreneurship.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is NOT one of the assumptions about creating new ventures that has recently changed?

Accepted Answer

A) Until the 1990s, energy was relatively expensive 
B) Labor was widely available and, in some countries, cheap. 
C) Access to credit to start businesses was relatively easy. 
D) The information needed to start a business was available with a computer, phone, and internet connection. 
A) Until the 1990s, energy was relatively expensive 
B) Labor was widely available and, in some countries, cheap. 
C) Access to credit to start businesses was relatively easy. 
D) The information needed to start a business was available with a computer, phone, and internet connection.

Question 14

Some social ventures simply imitate other such ventures.

Accepted Answer

A) True 
 B)False

Question 15

Impact measures drive a venture's strategy.

Accepted Answer

A) True 
 B)False

Question 16

A formative evaluation is conducted prior to forming a social entrepreneurship venture.

Accepted Answer

A) True 
 B)False

Question 17

What experience best qualified Jim Poss to start Big Belly Solar?

Accepted Answer

A) Preparing a business plan 
B) His knowledge of the trash industry 
C) His studies in social entrepreneurship 
D) None of the above 
A) Preparing a business plan 
B) His knowledge of the trash industry 
C) His studies in social entrepreneurship 
D) None of the above

Question 18

Discuss some reasons why, given the choice, a social purpose venture may be able to have a larger impact than an enterprising non-profit.

Accepted Answer

@#LAT-DLM&Social purpose ventures can return profi

Question 19

What are four types of social ventures?

Accepted Answer

@#LAT-DLM&Traditional
@#LAT-DLM&Social P

Question 20

Social entrepreneurship is primarily concerned with profits.

Accepted Answer

A) True 
 B)False

Because so many people want to be social entrepreneurs it is easy to expand a highly successful social venture.

Gaining certification as a C Corporations is considered a strong demonstration of social commitment for an enterprising nonprofit.

How might a social entrepreneur be different from a classical entrepreneur?

Hybrid social ventures have a revenue-generating component.

How is the social entrepreneur rewarded, if not by financial reward?

What is usually the easiest step in social entrepreneurship?

According to a 2010 Global Entrepreneurship Monitor study, what percentages of entrepreneurs are pursuing primarily economic, AND how many are pursuing social & economic goals, respectively?

Simply imitating a social venture is not social entrepreneurship.

What is the most social impact focused type of social venture?

One reason to become a Certified B Corporation is to;

Which of the following is essential in order to undertake a social venture?

Corporate social responsibility is an example of social entrepreneurship.

Which of the following is NOT one of the assumptions about creating new ventures that has recently changed?

Some social ventures simply imitate other such ventures.

Impact measures drive a venture's strategy.

A formative evaluation is conducted prior to forming a social entrepreneurship venture.

What experience best qualified Jim Poss to start Big Belly Solar?

Discuss some reasons why, given the choice, a social purpose venture may be able to have a larger impact than an enterprising non-profit.

What are four types of social ventures?

Social entrepreneurship is primarily concerned with profits.

The Power of Entrepreneurship

The Entrepreneurial Process

Opportunity Recognition, Shaping, and Reshaping

Understanding Your Business Model and Developing Your Strategy

Entrepreneurial Marketing

Building the Founding Team

The Business Planning Process

Building Your Pro Forma Financial Statements

Facing Entrepreneurial Ventures Worldwide

Raising Money for Starting and Growing Businesses

Debt and Other Forms of Financing

Legal and Tax Issues, Including Intellectual Property

Entrepreneurial Growth

Filters

Exam 14: Social Entrepreneurship: an Overview

Because so many people want to be social entrepreneurs it is easy to expand a highly successful social venture.

Gaining certification as a C Corporations is considered a strong demonstration of social commitment for an enterprising nonprofit.

How might a social entrepreneur be different from a classical entrepreneur?

Hybrid social ventures have a revenue-generating component.

How is the social entrepreneur rewarded, if not by financial reward?

What is usually the easiest step in social entrepreneurship?

According to a 2010 Global Entrepreneurship Monitor study, what percentages of entrepreneurs are pursuing primarily economic, AND how many are pursuing social & economic goals, respectively?

Simply imitating a social venture is not social entrepreneurship.

What is the most social impact focused type of social venture?

One reason to become a Certified B Corporation is to;

Which of the following is essential in order to undertake a social venture?

Corporate social responsibility is an example of social entrepreneurship.

Which of the following is NOT one of the assumptions about creating new ventures that has recently changed?

Some social ventures simply imitate other such ventures.

Impact measures drive a venture's strategy.

A formative evaluation is conducted prior to forming a social entrepreneurship venture.

What experience best qualified Jim Poss to start Big Belly Solar?

Discuss some reasons why, given the choice, a social purpose venture may be able to have a larger impact than an enterprising non-profit.

What are four types of social ventures?

Social entrepreneurship is primarily concerned with profits.

The Power of Entrepreneurship

The Entrepreneurial Process

Opportunity Recognition, Shaping, and Reshaping

Understanding Your Business Model and Developing Your Strategy

Entrepreneurial Marketing

Building the Founding Team

The Business Planning Process

Building Your Pro Forma Financial Statements

Facing Entrepreneurial Ventures Worldwide

Raising Money for Starting and Growing Businesses

Debt and Other Forms of Financing

Legal and Tax Issues, Including Intellectual Property

Entrepreneurial Growth

Filters