Why is an organization's capital base important for social entrepreneurs?
A)Capital helps entrepreneurs improve social networking.
B)Capital helps management make better decisions.
C)Capital creates opportunity for philanthropy.
D)Social entrepreneurs do not have access to the venture capital and bank financing available to commercial entrepreneurs.
E)Capital helps identify potential employees and volunteers.

Question

Quizplus · Accepted Answer

Capital is crucial for social entrepreneurs because they often lack access to traditional funding sources like venture capital and bank financing, which are more readily available to commercial entrepreneurs. This limitation makes their capital base essential for sustaining and growing their initiatives.

Why Is an Organization's Capital Base Important for Social Entrepreneurs