social entrepreneurship test 1 comprehensive Questions
and Answers with 100% Correct Answers | Latest Version
Question 1.
True or False: It is not possible to be a stakeholder if you are a shareholder.
Correct Answer: false
Question 2.
Which of these is not an impact model? a. 1-1-1 model b. indirect benefit/profit sharing c.
100% profit/revenue d. Micro-lending
Correct Answer: indirect benefit/profit sharing
Question 3.
The triple bottom line includes 3 dimensions to measure a business' success: economic,
social and _______.
Correct Answer: environment
Question 4.
True or False: The value of a social enterprise is to do good
Correct Answer: true
Question 5.
What type of business do churches fall under?
Correct Answer: Charity
Question 6.
The profits for social enterprises are __________?
Correct Answer: reinvested
Question 7.
Which of these is NOT a variety of social enterprise? a. Charity with "on mission" contract
income b. Community Benefit enterprises c. Charity with fundraising and/or grant income d.
Social purpose business
Correct Answer: c. Charity with fundraising and/or grant income
Question 8.
T/F: One of the key characteristics of a community enterprise is that it aims to be privately
owned
Correct Answer: false
, Question 9.
Motivation matters when trying to define a_________ purpose
Correct Answer: business's
Question 10.
T/F Companies that have shareholders who own stake in company are social enterprises.
Correct Answer: false
Question 11.
A __________ is a sustainable nonprofit or business designed to address a community need
and is therefore a "social enterprise".
Correct Answer: community benefit enterprise
Question 12.
What is not considered a social enterprise: A. Churches B. Starbucks C. NGO's D. All of the
above
Correct Answer: D. all of the above
Question 13.
____________ is a party that has an interest in a company and can either affect or be
affected by the business.
Correct Answer: A Stakeholder
Question 14.
a person who organizes and operates a business or businesses, taking on greater than
normal financial risks in order to do so is an entrepreneur. T/F
Correct Answer: true
Question 15.
3.what are the main Triple bottom lines? A Revenue, Growth, Cost B Resource, charity
contribution and C resource, land and waste D Social, economic and environment
Correct Answer: Social, economic and environment
Question 16.
Triple Bottom Line includes all of the following except, Social Political Environment
Economic
Correct Answer: political
and Answers with 100% Correct Answers | Latest Version
Question 1.
True or False: It is not possible to be a stakeholder if you are a shareholder.
Correct Answer: false
Question 2.
Which of these is not an impact model? a. 1-1-1 model b. indirect benefit/profit sharing c.
100% profit/revenue d. Micro-lending
Correct Answer: indirect benefit/profit sharing
Question 3.
The triple bottom line includes 3 dimensions to measure a business' success: economic,
social and _______.
Correct Answer: environment
Question 4.
True or False: The value of a social enterprise is to do good
Correct Answer: true
Question 5.
What type of business do churches fall under?
Correct Answer: Charity
Question 6.
The profits for social enterprises are __________?
Correct Answer: reinvested
Question 7.
Which of these is NOT a variety of social enterprise? a. Charity with "on mission" contract
income b. Community Benefit enterprises c. Charity with fundraising and/or grant income d.
Social purpose business
Correct Answer: c. Charity with fundraising and/or grant income
Question 8.
T/F: One of the key characteristics of a community enterprise is that it aims to be privately
owned
Correct Answer: false
, Question 9.
Motivation matters when trying to define a_________ purpose
Correct Answer: business's
Question 10.
T/F Companies that have shareholders who own stake in company are social enterprises.
Correct Answer: false
Question 11.
A __________ is a sustainable nonprofit or business designed to address a community need
and is therefore a "social enterprise".
Correct Answer: community benefit enterprise
Question 12.
What is not considered a social enterprise: A. Churches B. Starbucks C. NGO's D. All of the
above
Correct Answer: D. all of the above
Question 13.
____________ is a party that has an interest in a company and can either affect or be
affected by the business.
Correct Answer: A Stakeholder
Question 14.
a person who organizes and operates a business or businesses, taking on greater than
normal financial risks in order to do so is an entrepreneur. T/F
Correct Answer: true
Question 15.
3.what are the main Triple bottom lines? A Revenue, Growth, Cost B Resource, charity
contribution and C resource, land and waste D Social, economic and environment
Correct Answer: Social, economic and environment
Question 16.
Triple Bottom Line includes all of the following except, Social Political Environment
Economic
Correct Answer: political
