MCQ Bank
All of the following are advantages of scaling up in social entrepreneurship EXCEPT:
- A) Increased costs and complexities
- B) Reaching new markets
- C) Achieving mission accomplishment
- D) Maximizing profit
Corporate social responsibility aims to create balance among economic, environmental, and social obligations. This is known as:
- A) Triple-Sustainability Approach
- B) Triple-Top-Line Approach
- C) Triple-Bottom-Line Approach
- D) Triple-Marketing Approach
Which industry need to show steady income from fees in order to be "bankable"?
- A) Non-asset-based sectors
- B) Asset-based sectors
- C) Non-profit based sectors
- D) Hard assets sectors
What is a significant disadvantage of the sole proprietorship structure for for-profit ventures?
- A) Relatively easy
- B) Sole liability
- C) Single owner
- D) Inexpensive
The support of the community is considered a:
- A) Social orientation
- B) Social development
- C) Social opportunity
- D) Social planning
Which of the following is considered to be an active ownership strategy in impact investing?
- A) Voting
- B) Granting
- C) Trading
- D) Diversifying
Who introduced and developed the concept of triple bottom line?
- A) Longenecker
- B) R. K Merton
- C) Elkington
- D) Karl Marx
What kind of nonprofit-nonprofit hybrid structure enables several nonprofits to combine resources and maximize mission accomplishment?
- A) Cooperative
- B) Subsidiary
- C) Merger
- D) Consortium
Acumen Fund a global non-profit organization operates in all of the following locations EXCEPT:
- A) East Africa
- B) India
- C) Pakistan
- D) South America
“Good intentions without rigorous analysis and smart strategy lead to a waste of scarce resources” who stated?
- A) Miller & Judge
- B) Honig & Sherman
- C) Timmons & Spinelli
- D) Brock & Ashoka
Which of the following is NOT the major reasons of new social ventures to embrace planning?
- A) Acceptability for change
- B) Meaningful direction
- C) Increased sustainability
- D) Vague objectives
What problems can occur as a result of the distribution of blended value across public, charity, and private-sector players?
- A) Market signals
- B) Flow of capital
- C) Hybrid structures
- D) Subsidies
Greyston Bakery located in New York is an example of which among the following organizational structure for social entrepreneurship?
- A) Nonprofit-nonprofit partnership
- B) For profit with nonprofit subsidiaries
- C) Nonprofit with for profit subsidiaries
- D) Nonprofit with nonprofit subsidiary
Which one of the following institution in hybrid transactions may co-invest alongside private investors and philanthropists?
- A) Draper Richards Foundation
- B) International Finance Corporation (IFC)
- C) Skoll
- D) Ashoka
In what ways do social entrepreneurs compete in the market?
- A) Unorthodox methods
- B) Head-to-head competition
- C) Market research analysis
- D) Traditional marketing strategies
The process where a person in a social venture sets initial action strategies to begin accomplishing their goals is called:
- A) Social action
- B) Evaluating
- C) Envisioning
- D) Formulating
Companies can help social entrepreneurs by giving funds through their corporate foundations or by:
- A) Operating divisions
- B) Social operations
- C) Grameen microfinance bank
- D) Small-scale programs
SROI stands for:
- A) Social Return on Investment
- B) Social Return on Invention
- C) Social Reserves on Investment
- D) Social Return on Innovation
Formally establishing an organizational structure is called:
- A) Sustainability
- B) Envisioning
- C) Taking action
- D) Alignment
Which of the following dimension refers to how rampant is the social problem or need in society?
- A) Prevalence
- B) Radicalness
- C) Accessibility
- D) Relevance