Businesses That Are Started in Response to Needs Within a Community

question 108

True/False

Businesses that are started in response to needs within a community are known as social enterprises/ventures and may be not-for-profit entities.

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Definitions:

Zimbardo's Simulated Prison

An experiment conducted by psychologist Philip Zimbardo in 1971 to investigate the psychological effects of perceived power, focusing on the struggle between prisoners and prison officers.

Role Playing

A method or technique where individuals act out or perform the part of characters in particular scenarios, often used in training or therapy.

Social Norms

Shared guidelines or expected behaviors within a society or group, influencing individuals' actions and decisions.

Norms

Established standards of behavior maintained by a society or group that guide individuals' actions and behaviors.