According to Tracey and Phillips the three key challenges inherent in social entrepreneurship are as follows:

Question

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Tracey and Phillips identified the three key challenges in social entrepreneurship as managing accountability (ensuring social and environmental impact), managing the double bottom line (balancing financial and social/environmental objectives), and managing identity (maintaining a coherent image and reputation). Option A is incorrect as it mentions managing the triple bottom line, which includes financial, social, and environmental objectives. Option B is incorrect as it only mentions managing the bottom line and public relations, and does not include managing social/environmental impact. Option D is incorrect as it mentions managing public relations, which is only one aspect of managing identity.

According to Tracey and Phillips the Three Key Challenges Inherent