Chapter 4 assignment

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Which of the following statements about social entrepreneurship is not true?

Social entrepreneurship is limited to the world of not-for-profit corporations.

Ecopreneurship is a combination of ecologically and economically sustainable development

True

Licensing agreements can involve patents, trademarks, and technical know-how

True

Purpose, accountability, and transparency are characteristics associated with socially sustainable enterprises

True

Social entrepreneurs and their ventures are driven by social goals and aim to increase social value in order to contribute to the welfare or well-being in a given community

True

The social entrepreneurship process begins with a perceived social opportunity translated into an enterprise concept

True

The three Ps of the triple bottom line are people, planet, and profits

True

Corporate social responsibility refers to

actions that further some social good beyond the interests of the firm

The first of five steps for entering the international marketplace is

conducting research

Key elements in plans to create a sustainable future are likely to include which of the following?

eliminating the concept of waste

Methods for going international include all of the following except

foreign reclamation

An L3C is a new legal form for social enterprises known as

low-profit, limited liability companies

Social entrepreneurs can also be referred to as all of the following except

social obligators

The social entrepreneur aims to increase which of the following?

social value

Examples of social enterprise obligations to the environment include all of the following except

support for minority-own businesses

Among the advantages for global entrepreneurs of diaspora networks are

the speed with which information flows across borders

Green entrepreneurship is concerned

turning ecologically sustainable development into economically sustainable development

Social entrepreneurs are known to combine resources to exploit opportunities to create social value

True

Bottom-line measures of economic performance include all of the following except

global competition

If we accept the argument that social entrepreneurship is a continuum, at one extreme would be social entrepreneurs driven exclusively by producing social benefits; at the other, would be

social entrepreneurs motivated by profitability with social benefits being the means

Which of the following four factors is not included in the social corporate entrepreneurship scale (SCES) developed by researchers?

social intention

An account framework that goes beyond the traditional measures of profit, return on investment, and shareholder value to include environmental and social dimensions is called

triple bottom line

The triple bottom line is an accounting framework that focuses on optimizing short-term financial performance

False

International alliances rarely required the exchange of proprietary knowledge

False

Successful global start-ups, or entrepreneurial businesses that are "born global", surprisingly often lack internationally experienced management

False


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