ENTR Chapter 4

42. NAFTA (North American Free Trade Agreement) offers strong protection for

patents but not copyrights.

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

support for minority-own businesses.

33. 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

the triple bottom line.

41. North American Free Trade Agreement (NAFTA) has developed

trade barrier reductions.

31. Ecopreneurs are concerned

only with economically sustainable development.

38. Emerging opportunities in the international arena are being fueled by

a decrease in trade barriers and the emergence of trading blocs.

30. Corporate social responsibility refers to

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

44. Methods for going international include all of the following except

foreign reclamation.

34. TBL focuses on all the following except

precedence.

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

low-profit, limited liability companies.

36. Benefit corporations concern themselves with

purpose, accountability, and transparency.

27. The basic challenge for social enterprise is addressing the obligations of business to

society

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

eliminating the concept of waste

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

global competition.

26. 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.

39. Among the advantages for global entrepreneurs of diaspora networks is

the speed with which information flows across borders.

40. Membership in the World Trade Organization represents __________ of the world's population at present.

97 percent

43. As of 2015, the largest U.S. trading partners included

Canada, China, and Mexico.

45. The first of five steps for entering the international marketplace is

conducting research.

29. Global entrepreneurs are now considered by others as

wearing different hats.

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

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