Which of the Following Is True of Social Entrepreneurship

question 2

Multiple Choice

Which of the following is true of social entrepreneurship?

• A) It usually has a lot of funding.
• B) It creates organizations which are usually financially dependent on other firms.
• C) It cannot be initiated by a for-profit company.
• D) It does not include innovation as a key element.

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Definitions:

Net Loss

Occurs when a company's total expenses exceed its total revenues during a specific period, resulting in a negative profit.

Operations

The day-to-day activities necessary for an organization to function effectively, including production, sales, and administration processes.

Articles of Partnership

A document that formalizes an agreement between parties to form a business partnership, outlining the roles, responsibilities, and share of profits among the partners.

Annual Salary

The total amount of money that an employee is paid over the course of a year for their work.