Which of the following statements regarding social enterprises is TRUE?
A)Social enterprises are essentially nonprofit organizations.
B)To become a socially conscious organization, one-half of the shareholders must approve.
C)The focus of social enterprises is the motto "reduce, reuse, recycle."
D)A social enterprise must agree to measure its social benefit using objective third party standards.

Question

Quizplus · Accepted Answer

Social enterprises are organizations that aim to address social problems, improve communities, provide people access to employment and training, or help the environment. While they can measure their success in profit, they prioritize social goals and often agree to measure their social benefit using objective third-party standards to ensure transparency and accountability. The other options are incorrect as they either oversimplify or inaccurately represent the nature and requirements of social enterprises.

Which of the Following Statements Regarding Social Enterprises Is TRUE