The last step in measuring social impact is monetizing the social value of the selected social indicators because it increases the credibility of the social venture and its mission, and establishes metrics that can be used to evaluate a venture's effectiveness in achieving desired social impact.

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Monetizing the social value of social indicators helps to establish measurable metrics and increases the credibility of the social venture's mission. This is an important step in evaluating the effectiveness of the venture's social impact.

The Last Step in Measuring Social Impact Is Monetizing the Social