Supporting Social in Entrepreneurship MCQs
Supporting Social in Entrepreneurship MCQs
Answer these 30 Supporting Social in Entrepreneurship MCQs and assess your grip on the subject of Supporting Social in Entrepreneurship.
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1: CSR Stands for corporate social responsibility
A. True
B. False
2: The sale of products or services that are used as a source of revenue generation is known as
A. Enterprising Nonprofits
B. Earned-Income Activities
C. Hybrid Model of Social Entrepreneurship
D. None of these
3: A form of social entrepreneurship where both the venture mission and the market impact are for social purposes is known as.
A. Enterprising Nonprofits
B. Earned-Income Activities
C. Hybrid Model of Social Entrepreneurship
D. None of these
4: Established Business Owners: the people who have been active in business for more than ______ years.
A. 2year
B. 4year
C. 5 year
D. 3.5 year
5: Which of the correct Statements about Hybrid Model of Social Entrepreneurship?
A. An organization with a purpose that equally emphasizes both economic and social goals.
B. Individuals who have set up a business they will own or co-own that is less than 3 months old and has not yet generated wages or salaries for the owners.
C. Individuals who are pushed into starting a business because of circumstances such as redundancy, threat of job loss, and unemployment.
D. All irrelevant
6: Individuals who have set up a business they will own or co-own that is less than 3 months old and has not yet generated wages or salaries for the owners is correct for
A. Nascent Entrepreneurs
B. Necessity-Based Entrepreneurs
C. New Business Owners
D. None of these
7: Necessity-Based Entrepreneurs Individuals who are pushed into starting a business because of circumstances such as redundancy, threat of job loss, and unemployment.
A. True
B. False
8: New Business Owners Individuals who are former nascent entrepreneurs and have been actively involved in a business for more than _______
A. 13 months but less than 13.5 years.
B. 3 months but less than 3.5 years.
C. 2 months but less than 2.5 years.
D. 4 months but less than 4.5 years.
9: Opportunity-Based Entrepreneurs individuals who make a decision to start
A. their own businesses
B. their own Employment
C. Employment
D. None of these
10: Potential Entrepreneurs are those who believe they have the capacity and know-how to ______ without being burdened by the fear of failure.
A. start a business
B. start Employment
C. Start job
D. Both b & c
11: A for-profit venture whose primary market impact is social is known as .
A. Social Consequence Entrepreneurship
B. Potential Entrepreneurs
C. Opportunity-Based Entrepreneurs
D. None of these
12: In Social Consequence Entrepreneurship a for-profit venture whose primary market impact is social.
A. True
B. False
13: In Social Purpose Ventures businesses created by social entrepreneurs to resolve a _____ and make a profit.
A. social problem
B. Personal problem
C. None of these
14: Select the correct option related to the statement of the people or groups affected by or involved with the achievements of the social enterprise’s objectives.
A. Stakeholders
B. Manager
C. Employ
D. Ceo
15: TEA stands for
A. Total Entrepreneurial Activity
B. Taxed Enough Already
C. Tertiary Education Act
D. Texas Education Agency
16: A combination of financial assistance such as grants with a high level of engagement by the funder is known as
A. Wicked Problems
B. Venture Philanthropy Funding
C. Total Entrepreneurial Activity (TEA)
D. Both b & c
17: Which is correct statement of Wicked Problems
A. Simple social problem
B. Clear solution
C. Limited confusing & complex solution
D. None of these
18: ______ activities are the sale of products or services that are used as a source of revenue generation.
A. Earned-income
B. Passive income
C. Profit-loss
D. Enterprising
19: ______ is the percentage of the population of each country between the ages of 18 and 64, who are either a nascent entrepreneur or owner-manager of a new business.
A. Opportunity rate
B. Market segment share
C. Nascent ownership
D. Total entrepreneurial activity
20: ______ are large, complex social issues where there is no clear solution; there is limited, confusing, or contradictory information available; and where a whole range of people with conflicting values engage in debate.
A. Social woes
B. Social consequences
C. Wicked problems
D. NGOs
21: Most countries studied have a ______ proportion of men to women early-stage entrepreneurs.
A. greater
B. lesser
C. similar
D. identical
22: ______ stakeholders are the only ones who possess all three attributes of power, legitimacy, and urgency. These stakeholders have a significant role to play in your organization and must be given priority when it comes to handling their claims.
A. Definitive
B. Dangerous
C. Dominant
D. Discretionary
23: The ______ model of social entrepreneurship describes an organization with a purpose that equally emphasizes both economic and social goals.
A. hybrid
B. philanthropic
C. enterprising
D. purposeful
24: ______ make up the majority of tax-exempt non-profit organizations.
A. Private foundations
B. Public charities
C. Chambers of commerce
D. Fraternal organization and civic leagues
25: Efforts taken by corporations to address the company’s effects on environmental and social well-being in order to promote positive change is collectively described as ______.
A. social entrepreneurship
B. stakeholder responsiveness
C. corporate social responsibility
D. company philanthropy
26: This type of fund’s goal is to invest in economic development and job creation in impoverished areas.
A. social venture capital (SVC) fund
B. impact-investment fund
C. community fund
D. microfinance fund
27: Stakeholders who are enthusiastic and passionate stakeholders connected to the organization, but they may not have the power necessary to effect change with the leaders of the larger organization would be classified as ______ stakeholders.
A. dangerous
B. dormant
C. dependent
D. demanding
28: ______ entrepreneurs create ventures with a goal of making a profit, and they measure performance by the profits they generate. In contrast, ______ entrepreneurs create ventures to tackle social problems and bring about social change; they measure performance by advancing social and environmental goals.
A. Traditional; social
B. Social; traditional
C. Corporate; individual
D. Individual; corporate
29: A(n) ______ is a form of social entrepreneurship where both the venture mission and the market impact are for social purposes.
A. social consequence venture
B. enterprising nonprofit
C. social purpose venture
D. philanthropy venture fund
30: Individuals who have set up a business they will own or co-own that is less than three months old and has not yet generated wages or salaries for the owners are called ______.
A. new business owners
B. nascent entrepreneurs
C. established business owners
D. emerging entrepreneurs
31: ______ stakeholders hold power but do not tend to use that power unless they are given a reason to do so.
A. Discretionary
B. Dormant
C. Demanding
D. Dependent
32: ______ entrepreneurs are characterized by a higher business 5-year survival rate and slightly older entrepreneurs with a higher percentage of them having college degrees.
A. Public venture fund
B. Traditional non-profit
C. Enterprising non-profit
D. Angel investor fund
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