Social Entrepreneurship Theories and Responsibilities Exam Questions and Correct Answers Latest
Update 2024 (Already Passed)
Social Capital Theory - Answers Focuses on the ways in which social networks and relationships facilitate
the achievement of goals and benefits in society.
Bourdieu's Social Capital - Answers Describes social capital as 'membership to a group', meaning that
being part of a network or influential social circle offers advantages and enhances one's reputation and
credibility.
Social Network Theory - Answers Promotes effective interaction, which leads to increased connections
and strengthens the exchange of ideas.
Structural Hole Theory - Answers Defines the opportunities created when individuals are not entirely
connected, allowing brokers to bridge these gaps.
Nancy Folbre's View - Answers Promotes gender inequalities which restrict women's opportunities and
highlights the unequal distribution of social capital.
Advantages of Social Capital Theory - Answers Fosters strong ties within communities, allowing
entrepreneurs to build mutual trust and cooperation.
Bourdieu's Theory of Capital - Answers Includes social capital as a resource that individuals gain from
their social networks, group memberships, and relationships.
Innovation and Creativity in Social Networks - Answers Brokers with different perspectives can combine
ideas to create new innovations.
Limitations of Social Network Theory - Answers Does not factor in complex elements that affect
relationships and networks.
Criticism of Bourdieu's Theory - Answers Criticized for its elitist focus on how power is maintained by the
elite and for overlooking cooperation in social networks.
Resource-Based Views - Answers Concentrates on the characteristics of resources and strategies for
organization survival, competitive advantage, and long-term performance.
Unique Internal Resources - Answers A company's unique internal resources, such as skills, knowledge,
or capabilities, form the basis of its competitive advantage.
Social Capital and Community Prosperity - Answers The depth of connections fostered within a
community significantly contributes to their social capital, resulting in prosperity.
Social Capital and Job Opportunities - Answers Explores connections that may help people find jobs or
advice.
, Collective Action and Social Capital - Answers Can mobilize women and create collective action around
care work and gender equality.
Holistic View of Interrelated Capitals - Answers Bourdieu's theory highlights how social capital maintains
power and emphasizes its role in career advancement and social mobility.
Effective Communication in Organizations - Answers Facilitates information sharing, relationship
building, and expression of difficulties by a group.
Social Capital and Resource Sharing - Answers Allows for enhanced collaboration and resource sharing
among social entrepreneurs.
Personal View on Social Network Theory - Answers Believes it can help understand how a social
enterprise's messages are received and perceived by others.
Social Interactions and Progress - Answers Focuses on connections that bring together ideas to enhance
individuals and promote progress.
Social Capital and Environmental Improvement - Answers Contributes to improving various aspects of
environment, health, and development.
Trust and Reciprocity in Social Networks - Answers Encompasses the types of trust, reciprocity, and
collective ability that exist between local organizations and networks of individuals.
Community Unity through Social Capital - Answers Fosters strong connections between different people,
resulting in greater unity within a community.
Social Networks and Credibility - Answers Strong connections provide access to valuable opportunities
and enhance credibility within communities.
Resource-Based View (RBV) - Answers Theory focusing on internal resources for competitive advantage.
Competitive Advantage - Answers Unique resources allow firms to outperform competitors.
Tangible Resources - Answers Physical assets like equipment and buildings.
Intangible Resources - Answers Non-physical assets like brand reputation and skills.
Sustainable Competitive Advantage - Answers Long-term benefits from unique, hard-to-replicate
resources.
Internal Resource Management - Answers Effectively utilizing unique resources for success.
Strategic Management - Answers Planning to maximize resource impact on performance.
Resource Identification - Answers Recognizing valuable, rare, and difficult resources.
Social Impact Theory - Answers Explains how individuals influence each other's behavior.
Update 2024 (Already Passed)
Social Capital Theory - Answers Focuses on the ways in which social networks and relationships facilitate
the achievement of goals and benefits in society.
Bourdieu's Social Capital - Answers Describes social capital as 'membership to a group', meaning that
being part of a network or influential social circle offers advantages and enhances one's reputation and
credibility.
Social Network Theory - Answers Promotes effective interaction, which leads to increased connections
and strengthens the exchange of ideas.
Structural Hole Theory - Answers Defines the opportunities created when individuals are not entirely
connected, allowing brokers to bridge these gaps.
Nancy Folbre's View - Answers Promotes gender inequalities which restrict women's opportunities and
highlights the unequal distribution of social capital.
Advantages of Social Capital Theory - Answers Fosters strong ties within communities, allowing
entrepreneurs to build mutual trust and cooperation.
Bourdieu's Theory of Capital - Answers Includes social capital as a resource that individuals gain from
their social networks, group memberships, and relationships.
Innovation and Creativity in Social Networks - Answers Brokers with different perspectives can combine
ideas to create new innovations.
Limitations of Social Network Theory - Answers Does not factor in complex elements that affect
relationships and networks.
Criticism of Bourdieu's Theory - Answers Criticized for its elitist focus on how power is maintained by the
elite and for overlooking cooperation in social networks.
Resource-Based Views - Answers Concentrates on the characteristics of resources and strategies for
organization survival, competitive advantage, and long-term performance.
Unique Internal Resources - Answers A company's unique internal resources, such as skills, knowledge,
or capabilities, form the basis of its competitive advantage.
Social Capital and Community Prosperity - Answers The depth of connections fostered within a
community significantly contributes to their social capital, resulting in prosperity.
Social Capital and Job Opportunities - Answers Explores connections that may help people find jobs or
advice.
, Collective Action and Social Capital - Answers Can mobilize women and create collective action around
care work and gender equality.
Holistic View of Interrelated Capitals - Answers Bourdieu's theory highlights how social capital maintains
power and emphasizes its role in career advancement and social mobility.
Effective Communication in Organizations - Answers Facilitates information sharing, relationship
building, and expression of difficulties by a group.
Social Capital and Resource Sharing - Answers Allows for enhanced collaboration and resource sharing
among social entrepreneurs.
Personal View on Social Network Theory - Answers Believes it can help understand how a social
enterprise's messages are received and perceived by others.
Social Interactions and Progress - Answers Focuses on connections that bring together ideas to enhance
individuals and promote progress.
Social Capital and Environmental Improvement - Answers Contributes to improving various aspects of
environment, health, and development.
Trust and Reciprocity in Social Networks - Answers Encompasses the types of trust, reciprocity, and
collective ability that exist between local organizations and networks of individuals.
Community Unity through Social Capital - Answers Fosters strong connections between different people,
resulting in greater unity within a community.
Social Networks and Credibility - Answers Strong connections provide access to valuable opportunities
and enhance credibility within communities.
Resource-Based View (RBV) - Answers Theory focusing on internal resources for competitive advantage.
Competitive Advantage - Answers Unique resources allow firms to outperform competitors.
Tangible Resources - Answers Physical assets like equipment and buildings.
Intangible Resources - Answers Non-physical assets like brand reputation and skills.
Sustainable Competitive Advantage - Answers Long-term benefits from unique, hard-to-replicate
resources.
Internal Resource Management - Answers Effectively utilizing unique resources for success.
Strategic Management - Answers Planning to maximize resource impact on performance.
Resource Identification - Answers Recognizing valuable, rare, and difficult resources.
Social Impact Theory - Answers Explains how individuals influence each other's behavior.
