MCQ Bank
Which of the following is the important consideration to evaluate market potential?
- A) Market demand
- B) Market size
- C) Market price
- D) Market investment
What is the major function of Reserve’s nonprofit subsidiary, Next Steps for Older Adults?
- A) Providing retirees with transportation facilities
- B) Providing retirees with health facilities
- C) Placing retirees in jobs
- D) Placing retirees in old homes
The first criterion for determining the market potential of a social idea is the ability to address:
- A) Customer choice
- B) Customer affordability
- C) Customer need
- D) Customer consumption
Which corporation is well-known for its positive influence on the community and the environment?
- A) Nonprofit
- B) Limited Liability Corporation (LLC)
- C) Benefit corporation (B corporation)
- D) Sole proprietorship
New York City-based social venture Reserve: Next Steps for Older Adults is an example of which among the following organizational structure for social entrepreneurship?
- A) Nonprofit with for profit subsidiaries
- B) Nonprofit-nonprofit partnership
- C) For profit with nonprofit subsidiaries
- D) Nonprofit with nonprofit subsidiary
All among the following are the tools used by social enterprises to generate impact in investments EXCEPT:
- A) Active ownership strategies
- B) Screening
- C) Grant funding
- D) Guarantees
The goal of a World of Good Development Organization is to:
- A) Eliminate poverty
- B) Protect environment
- C) Health assurance
- D) Enhance education
What sets entrepreneurial marketing apart from typical marketing practices?
- A) Top-down approach
- B) Formalized research
- C) Innovation orientation
- D) Customer orientation
Which of following in NOT the criteria for assessing the social value potential of an idea?
- A) Community marginalization
- B) Achievable impact
- C) Mission alignment
- D) Social need
Social entrepreneurs can build more scalable and effective enterprises by considering investors as:
- A) Opponents
- B) Employees
- C) Rivalries
- D) Partners
Who revolutionized economics by founding the Grameen Bank “village bank” in Bangladesh in 1976 to offer “microloans”?
- A) Seth Goldman
- B) Mahbub ul Haq
- C) Muhammad Yunus
- D) Ashoka
Generating ideas for a social venture and assessing those ideas for their potential to be true opportunities is central to:
- A) Social media
- B) Social networking
- C) Social entrepreneurship
- D) Social services
The gangs in Jamica used violence as ____ to generate funds to support social services.
- A) Business
- B) Hobby
- C) Taboo
- D) Crime
Densil Williams and Kadamawe K’nife studied _______ as business among gangs in Jamaica.
- A) Violence
- B) Group
- C) Profit
- D) Law
The concept of independence is important not only for the entrepreneur personally but also for:
- A) Community only
- B) Region only
- C) Province only
- D) Society as a whole
At micro/personal level of entrepreneurial motivation which among the following is classical determinat of dissatisfaction?
- A) Boredom
- B) Setbacks
- C) Favoritism
- D) Demotivation
Dacin offers how many possible unintended negative consequences of a social enterprise?
- A) Three
- B) Seven
- C) Two
- D) Five
NYWSE stand for?
- A) New York Women’s Stock Entrepreneurship
- B) New York Women’s Social Entrepreneurship
- C) New York Women’s Social Exchange
- D) New York Women’s Stock Exchange
In Social Entrepreneurship, _______ include the creation of both new products and services.
- A) Innovation
- B) Propagation
- C) Dissemination
- D) Invention