When defining the social venture concept, which five steps have to be undertaken?

Question

Quizplus · Accepted Answer

The five steps that have to be undertaken when defining the social venture concept are: 
1) New social venture idea 
2) Social venture (sustainability) model 
3) Market analysis 
4) Operations and social impact measurement 
5) Management. Option B includes all five of these steps. Option A includes sales instead of operations and social impact measurement, which is not comprehensive enough. Option C includes copyright instead of market analysis, which is not necessary for defining the social venture concept. Option D includes competition instead of management, which is not comprehensive enough.

When Defining the Social Venture Concept, Which Five Steps Have