Peter, the founder of MilkWorld Inc., started his dairy company with the intent of creating a formidable supply-chain link and providing a lucrative source of income for the local dairy farmers in his country. Peter is most likely to be considered a(n)_________.

Question

Quizplus · Accepted Answer

Peter's intention to provide a source of income for local dairy farmers and create a supply-chain link indicates that his business has a social mission beyond just profit-making. A social entrepreneur, therefore, is the most appropriate term to describe Peter's role. Venture capitalists invest in new and potentially profitable business ventures, while investment managers oversee investment portfolios for clients. Angel investors provide financial support to startups or early-stage businesses.

Peter, the Founder of MilkWorld Inc