A Social Business Is Described As

question 20

Multiple Choice

A social business is described as:

• A)a venture that addresses a social problem,has social impact,and the profits are reinvested in the business itself
• B)a venture where the profits are reinvested in the business itself
• C)a venture that addresses an environmental problem,and the profits are kept for the directors
• D)a venture that does not address a problem and has no social impact

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Definitions:

Core Capabilities

The unique strengths and abilities that give an organization a competitive advantage in its field or market.

Integrated Skills

The combination and application of multiple skills simultaneously to perform tasks or solve problems effectively, often blending technical, interpersonal, and cognitive abilities.

Knowledge Sets

Specific areas of expertise or collections of information that an individual has comprehended and can apply to various situations or tasks.

Core Capabilities

Fundamental strengths and abilities that are central to an organization's identity and provide the foundational advantage in its operations and strategy.