Question 1

What do the letters CSR stand for?&#10;A)corporate social responsibility&#10;B)corporate schools responsibility&#10;C)customer service responsibility&#10;D)None of these choices

Accepted Answer

CSR stands for Corporate Social Responsibility, which refers to a business model where companies integrate social and environmental concerns in their operations and interactions with their stakeholders.

Question 2

A social business is described as:&#10;A)a venture that addresses a social problem,has social impact,and the profits are reinvested in the business itself&#10;B)a venture where the profits are reinvested in the business itself&#10;C)a venture that addresses an environmental problem,and the profits are kept for the directors&#10;D)a venture that does not address a problem and has no social impact

Accepted Answer

A social business is defined by its mission to address a social problem and create social impact, with profits reinvested back into the business to further its social mission, rather than being distributed to shareholders or directors.

Question 3

Which of the following are disadvantaged groups in entrepreneurship?&#10;A)Ethnic and refugee&#10;B)Survivalist and disabled&#10;C)Indigenous,LGBTQ and women&#10;D)All of these choices

Accepted Answer

All of these choices represent groups that are often disadvantaged in entrepreneurship due to various systemic barriers, discrimination, and lack of access to resources.

Question 4

The triple bottom line of a business is:&#10;A)an accounting method that captures the values and criteria for measuring entrepreneurial and societal success - economically,ecologically and socially&#10;B)a business method that measures entrepreneurial and societal success economically&#10;C)an accounting method that captures the results of gross profit,net profit and cash flow&#10;D)a method that measures economic success

Accepted Answer

The triple bottom line is a framework or accounting method that expands the traditional reporting framework to take into account ecological and social performance in addition to financial performance. It emphasizes the importance of measuring a company's impact and success not just by the traditional financial bottom line, but also by its social and environmental contributions and impacts.

Question 5

The World Bank describes the bribery formula as:&#10;A)Corruption = Monopoly + discretion - accountability&#10;B)Corruption = Money + discretion - accountability&#10;C)Corruption = Monopoly + disregard - accountability&#10;D)Corruption = Money + disregard - accountability

Accepted Answer

The World Bank's bribery formula is "Corruption = Monopoly + discretion - accountability," highlighting how corruption thrives in environments where a single entity (monopoly) has the power to make decisions (discretion) without proper oversight or consequences (lack of accountability).

Question 6

An Indigenous entrepreneur can be described as:&#10;A)an Indigenous person who creates,manages and develops new ventures for Indigenous people&#10;B)a person who creates,manages and develops new ventures by and for Indigenous people&#10;C)an Indigenous person who creates,manages and develops new ventures or governments for non-Indigenous people&#10;D)None of these choices

Accepted Answer

An Indigenous entrepreneur is typically an Indigenous person who creates, manages, and develops new ventures, often with a focus on benefiting Indigenous communities.

Question 7

Integrated theory of biosphere entrepreneurial action includes:&#10;A)resource extraction&#10;B)negative entrepreneurship&#10;C)entrepreneurial opportunity&#10;D)All of these choices

Accepted Answer

The integrated theory of biosphere entrepreneurial action encompasses all these aspects: resource extraction, negative entrepreneurship, and entrepreneurial opportunity, as they all play a role in how entrepreneurship interacts with and impacts the biosphere.

Question 8

What is a vetpreneur?&#10;A)a military veteran who becomes an entrepreneur&#10;B)a veterinarian who becomes an entrepreneur&#10;C)a old age veteran who becomes an entrepreneur&#10;D)a person who sets up a veterinary clinic for animals

Accepted Answer

A vetpreneur is a military veteran who transitions into entrepreneurship, leveraging skills and experiences from their service in the military to start and run their own businesses.

Question 9

The history of entrepreneurship provides examples of entrepreneurs with literacy or dyslexia.One such entrepreneur is:&#10;A)Richard Branson&#10;B)Donald Trump&#10;C)Elon Musk&#10;D)David Attenborough

Accepted Answer

Richard Branson, the founder of the Virgin Group, has spoken openly about his dyslexia and how it has affected his approach to business and entrepreneurship.

Question 10

Relativist ethics are defined as:&#10;A)moral propositions that do not reflect absolute and universal moral truth but instead make claims relative to social preferences&#10;B)moral propositions that do not reflect absolute and universal moral truth but instead make claims relative to cultural and historical preferences&#10;C)moral propositions that do not reflect absolute and universal moral truth but instead make claims relative to personal preferences&#10;D)All of these choices

Accepted Answer

Relativist ethics suggest that what is considered morally right or wrong can vary depending on social, cultural, historical, or personal contexts, rather than adhering to a set of absolute and universal moral truths. Therefore, all the provided options (social, cultural and historical, and personal preferences) are aspects of relativist ethics.

Question 11

A positive entrepreneur can be described as:&#10;A)someone who is characterised by a commitment to making a positive impact and adding value by eliminating design waste,duplication,disposability and planned obsolescence&#10;B)someone who is characterised by a commitment to create added value for the business&#10;C)someone who is characterised by a commitment to not waste resources&#10;D)All of these choices

Accepted Answer

The answer of A positive entrepreneur can be described as:&#10;A)someone...

Question 12

Social entrepreneurs are sometimes also referred to as:&#10;A)public entrepreneurs,civil entrepreneurs or social innovators&#10;B)private entrepreneurs,civic entrepreneurs or social innovators&#10;C)government entrepreneurs,civic entrepreneurs or socialites&#10;D)public leaders,civil leaders or social leaders

Accepted Answer

The answer of Social entrepreneurs are sometimes also referred to...

Question 13

What is sustainability entrepreneurship?&#10;A)Sustainability entrepreneurship recognises,develops and exploits opportunities that create economic,ecological and social value&#10;B)Sustainability entrepreneurship exploits ecological opportunities&#10;C)Sustainability entrepreneurship develops non-profit opportunities&#10;D)Sustainability entrepreneurship recognises economic opportunities

Accepted Answer

The answer of What is sustainability entrepreneurship?&#10;A)Sustainability entrepreneurship recognises,develops and...

Question 14

Four types of entrepreneurial activities can be described as:&#10;A)productive,unproductive,destructive and annihilative&#10;B)proactive,productive,destructive and annihilative&#10;C)producing,unproductive,destructive and annihilative&#10;D)constructive,destructive and annihilative

Accepted Answer

The answer of Four types of entrepreneurial activities can be...

Question 15

A biosphere entrepreneur is:&#10;A)an entrepreneur who adds value to natural ecosystems akin to a business entrepreneur adding value to his/her private pocket or two stakeholders or social entrepreneurs adding value to the community&#10;B)an entrepreneur who exploits natural ecosystems akin to a business entrepreneur adding value to his/her private pocket or two stakeholders or social entrepreneurs adding value to the community&#10;C)an entrepreneur who adds value to his/her private pocket&#10;D)an entrepreneur who does not add value to natural ecosystems akin to a business entrepreneur adding value to his private pocket or two stakeholders or social entrepreneurs adding value to the community

Accepted Answer

The answer of A biosphere entrepreneur is:&#10;A)an entrepreneur who adds...

Question 16

What is a biosphere?&#10;A)all ecosystems on earth by which all organisms exist&#10;B)all business ecosystems on earth&#10;C)all organisms that exist in the earth's atmosphere&#10;D)ecosystems on earth by which some organisms exist

Accepted Answer

The answer of What is a biosphere?&#10;A)all ecosystems on earth...

Question 17

What does the term ecopreneurship mean?&#10;A)A combination of the two words entrepreneurship and ecological&#10;B)A combination of the two words entrepreneurship and coli&#10;C)A combination of the two words entrepreneurship and economics&#10;D)There is a strong link between exploitation and environmentalism

Accepted Answer

The answer of What does the term ecopreneurship mean?&#10;A)A combination...

Question 18

What is meant by 'Indigenous people'?&#10;A)Cultural groups that have a historical continuity with a region before its colonisation and who have lived largely independent or isolated from the influence of the larger nation-state; these people have maintained or at least partly maintained their distinct linguistic cultural social organisational characteristics&#10;B)Political groups that have a historical continuity with a region before its colonisation and who have lived largely independent or isolated from the influence of the larger nation-state; these people have maintained or at least partly maintained their distinct linguistic cultural social organisational characteristics&#10;C)Ecological groups that have a historical continuity with a region before its colonisation and who have lived largely independent or isolated from the influence of the larger nation-state; these people have maintained or at least partly maintained their distinct linguistic cultural social organisational characteristics&#10;D)All groups that have a historical continuity with a region before its colonisation and who have lived largely dependent on more modern peoples recently inhabiting the area

Accepted Answer

The answer of What is meant by 'Indigenous people'?&#10;A)Cultural groups...

Question 19

What are the three types of organised crime?&#10;A)Petty crime,Ponzi scheme and environmental crime&#10;B)Major crime,minor crime and environmental crime&#10;C)Petty crime,Ponzi scheme and environmentalism&#10;D)Petty crime,minor schemes and environmental crime

Accepted Answer

The answer of What are the three types of organised...

Question 20

Ethics can be defined as:&#10;A)a set of principles prescribing a behavioural code that explains what is good and right or bad and wrong&#10;B)a set of principles for behaving in a bad or wrong manner&#10;C)a set of principles that staff must undertake,excluding managers&#10;D)None of these choices

Accepted Answer

The answer of Ethics can be defined as:&#10;A)a set of...

Deck 3: Ethical,social and Sustainable Entrepreneurship