Which of the following is true about social entrepreneurship?
A)Social entrepreneurs often do not have the capital necessary to pay attractive salaries;they must focus on hiring employees who share the organization's purpose.
B)Social entrepreneurs are not required to consider issues surrounding sales and costs since they have enough funding from angel investors.
C)Social entrepreneurs do not rely on donations as sources of funding.
D)Social entrepreneurs focus on more quantitative performance measures that are related to money.
E)Social entrepreneurs do not rely on volunteers to help their organizations.

Question

Quizplus · Accepted Answer

Social entrepreneurs often face capital constraints, making it challenging to offer competitive salaries. They compensate for this by hiring individuals who are motivated by the organization's social mission rather than financial gain. This shared purpose is crucial for the operation and success of social enterprises. Choices B, C, D, and E are incorrect as they misrepresent aspects of social entrepreneurship, such as funding sources, reliance on donations, focus on quantitative measures, and use of volunteers.

Which of the Following Is True About Social Entrepreneurship