Entrepreneurship Lecture 3 (1-20)

How do social enterprises contribute to addressing social and environmental challenges?

• Social enterprises prioritize positive impact over profit, focus on marginalized communities, sustainable practices, and innovative solutions.
• Social enterprises do not engage in sustainable practices or innovative solutions.
• Social enterprises do not prioritize marginalized communities in their operations.
• Social enterprises focus solely on profit and disregard social and environmental issues.

How do social enterprises contribute to driving positive change in communities?

• Social enterprises contribute to negative change in communities
• Social enterprises do not address social or environmental issues
• Social enterprises address social or environmental issues through innovative business models, reinvest profits back into the community, create job opportunities, provide essential services, and promote sustainable practices.
• Social enterprises do not reinvest profits back into the community

What is the main difference between classic entrepreneurs and social entrepreneurs?

• Classic entrepreneurs focus on profit, while social entrepreneurs aim to create positive change in society.

• Classic entrepreneurs aim to create positive change in society, while social entrepreneurs focus on profit.

• Classic entrepreneurs and social entrepreneurs have the same goals.

• Classic entrepreneurs focus on profit, while social entrepreneurs focus on profit as well.

Understanding the unique characteristics of social enterprises is__________ for stakeholders.

• fundamental

• unessential

• fun

• inconsequential

Why is measuring success in social enterprises challenging?

• Focus on impact rather than financial returns

• Lack of data

• Inadequate resources

• Limited market reach

What do social enterprises prioritize over profit?

• Profit

• Social impact

• Environmental impact

• Both social and environmental impact

Measuring performance effectively is essential to support and promote social ___

• connection

• progress
• benefit
• enterprises

IKEA exemplifies this by promoting sustainability and local _________ support.

• environment
• charity
• economy
• community

Microsoft showcases ______ ___________by addressing societal challenges through initiatives like "AI for Accessibility" and "Microsoft Philanthropies."

• social constructionists

• social mechanisms

• AI constructionists

• mental constructionists

Tesla embodies  "social engineers" by challenging the __________ industry's reliance on fossil fuels.