Which of the Following Is True About Social Entrepreneurship

question 4

Multiple Choice

Which of the following is true about social entrepreneurship?

• A)Social entrepreneurs often do not have the capital necessary to pay attractive salaries;they must focus on hiring employees who share the organization's purpose.
• B)Social entrepreneurs are not required to consider issues surrounding sales and costs since they have enough funding from angel investors.
• C)Social entrepreneurs do not rely on donations as sources of funding.
• D)Social entrepreneurs focus on more quantitative performance measures that are related to money.
• E)Social entrepreneurs do not rely on volunteers to help their organizations.

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Definitions:

Exclusive Territory

A designated area or market where a franchisee is granted exclusive rights to operate, preventing competition within the franchise system.

Controversy

A prolonged public disagreement or heated discussion, often involving differing opinions on a particular matter.

Franchising

A method of conducting business where a franchisor licenses trademarks and proven methods of doing business to a franchisee in exchange for a recurring payment, and usually a percentage of gross sales or gross profits.

Market Analysis

The study of the market within an industry, including the analysis of supply and demand, target demographic, and competition.