The last step in measuring social impact, monetizing the social value of the social indicator, is important because it _____________________________.

Question

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Monetizing the social value of the social indicator helps establish metrics that can be used to evaluate a venture's effectiveness in achieving desired social impact. This allows for better accountability and understanding of the success of the venture in creating social change. It does not necessarily attract a narrow range of wealthy investors, narrow the focus and mission of the venture, or stimulate long-term capital flow exclusively.

The Last Step in Measuring Social Impact, Monetizing the Social