Deck 4: Social Entrepreneurship and the Global Environment for Entrepreneurship

Question 1

Examples of social enterprise obligations to the environment include all of the following except

A)pollution control
B)restoration of the environment
C)recycling efforts
D)support for minority-own businesses

Answer 1

D

Question 2

International alliances rarely require the exchange of proprietary knowledge.

Answer 2

False

Question 3

Which of the following designations is not synonymous with social entrepreneur?

A)social innovator
B)public entrepreneur
C)civic entrepreneur
D)social impersonator

Answer 3

D

Question 4

Which of the following statements about social entrepreneurship is not true?

A)Social entrepreneurship is limited to the world of not-for-profit corporations.
B)Social entrepreneurship is about having a heightened sense of accountability
C)Social entrepreneurship has, in recent years, been the subject of widespread media attention.
D)Social entrepreneurship adopts some of the same principles that have been effective in successful entrepreneurship.

Question 5

If we accept the argument that social entrepreneurship is a continuum,at one extreme would be social entrepreneurs driven exclusively by producing social benefits; at the other,would be

A)social entrepreneurs motivated by the environment with social benefits being the means
B)social entrepreneurs motivated by profitability with social benefits being the means
C)social entrepreneurs motivated by income from their beneficiaries
D)social entrepreneurs motivated by income with entrepreneurial means

Question 6

Ecopreneurship is a combination of ecologically and economically sustainable development.

Question 7

Ecopreneurs are concerned

A)only with ecologically sustainable development
B)only with economically sustainable development
C)both ecologically and economically sustainable development
D)neither ecologically nor economically sustainable development

Question 8

Licensing agreements can involve patents,trademarks,and technical know-how.

Question 9

Corporate social responsibility refers to

A)the enhancement of global competition
B)environmental entrepreneurship in the United States
C)actions that further some social good beyond the interests of the firm
D)the affect of ecopreneurship only on some industries

Question 10

Key elements in plans to create a sustainable future are likely to include which of the following?

A)eliminating the concept conservation
B)eliminating the concept of waste
C)eliminating the concept of "price"
D)eliminating the concept of accountability

Question 11

An account framework that goes beyond the traditional measures of profit,return on investment,and shareholder value to include environmental and social dimensions is called

A)the shared bottom line
B)the value proposition
C)the triple bottom line
D)the twin bottom line

Question 12

Social responsibility consists of those obligations that society has to businesses.

Question 13

Successful global start-ups,or entrepreneurial businesses that are "born global," surprisingly often lack internationally experienced management.

Question 14

The triple bottom line is an accounting framework that focuses on optimizing short-term financial performance.

Question 15

Purpose,accountability,and transparency are characteristics associated with socially sustainable enterprises.

Question 16

The most pro-active position for a corporation to take in regard to social responsibility would be termed

A)social obligation.
B)social intensity.
C)social responsiveness.
D)social decisiveness.

Question 17

The three Ps of the triple bottom line are people,planet,and profits.

Question 18

Social obligation,social responsibility,and social responsiveness are all ways firms view their interactions with society.

Question 19

Social entrepreneurs are known to combine resources to exploit opportunities to create social value.

Question 20

One researcher established a framework that classified social actions of corporations into distinct categories that included

A)social obligation.
B)social responsiveness.
C)social action.
D)a and b only.

Question 21

Why is global thinking important to today's entrepreneurs?

Question 22

Why has sustainable development,perhaps,become the most prominent topic of our time?

Question 23

Methods for going international include all of the following except

A)importing
B)exporting
C)licensing
D)foreign reclamation

Question 24

Bottom-line measures of economic performance include all of the following except:

A)global competition
B)personal income
C)cost of underemployment
D)job growth

Question 25

Explain the concept of informal international alliances. What path do entrepreneurs usually follow with respect to informal international alliances?

Question 26

The first of five steps for entering the international marketplace is

A)securing adequate financing
B)filing the proper documents
C)conducting research
D)preparing a feasibility study

Question 27

In the context of benefit corporations,what does transparency refer to?

Question 28

List some activities that have come to be associated with social entrepreneurship.

Question 29

An L3C is a new legal form for social enterprises known as

A)limited liability corporations
B)low-profit, limited liability companies
C)long-term, low-profit, low-liability companies
D)limited liability laborers

Question 30

Among the advantages for global entrepreneurs of diaspora networks is

A)the speed with which information flows across borders
B)the distrust among traditional trading partners
C)the creation of places where anything can happen
D)the decline in political risks across ethnic communities