A social venture that focuses on both the creation of social and economic value is best described as ___________.

Question

Quizplus · Accepted Answer

A social venture that focuses on both social and economic value creation is known as a hybrid social venture. It combines the efficiency and effectiveness of for-profit businesses with the social mission of nonprofit organizations. The primary aim of a hybrid social venture is to create positive social and environmental change while generating profit.

A Social Venture That Focuses on Both the Creation of Social