Which of the following statements regarding social enterprises is TRUE?
A)Social enterprises are essentially nonprofit organizations.
B)To become a socially conscious organization,one-half of the shareholders must approve.
C)The focus of social enterprises is the motto "reduce,reuse,recycle."
D)Unlike charities,social enterprises can sell stock to investors.

Question

Which of the following statements regarding social enterprises is TRUE?
A)Social enterprises are essentially nonprofit organizations.
B)To become a socially conscious organization,one-half of the shareholders must approve.
C)The focus of social enterprises is the motto "reduce,reuse,recycle."
D)Unlike charities,social enterprises can sell stock to investors.

Quizplus · Accepted Answer

Social enterprises are organizations that balance social or environmental impact with financial sustainability. Unlike charities, social enterprises are able to sell stock to investors to raise funds for their operations. Option A is incorrect because while social enterprises can also have a social or environmental mission, they are not necessarily nonprofit organizations. Option B is incorrect because becoming a socially conscious organization does not require shareholder approval, and Option C is incorrect because the focus of social enterprises can vary depending on their mission and goals.

Which of the Following Statements Regarding Social Enterprises Is TRUE