ch 4
Which of the following statements about social entrepreneurship is not true?
Social entrepreneurship is limited to the world of not-for-profit corporations.
is the umbrella organization governing the international trading system.
WTO
Corporate social responsibility refers to
actions that further some social good beyond the interests of the firm.
The first step taken to go international is
conduct research
The first of five steps for entering the international marketplace is
conducting research.
Relationships among ethnic groups that share cultural and social norms are
diaspora networks
Foreign governments sometimes grant tax incentives for
direct foreign investment
Key elements in plans to create a sustainable future are likely to include which of the following?
eliminating the concept of conservation
Ecopreneurship is a combination of ecologically and economically sustainable development.
false
International alliances rarely require the exchange of proprietary knowledge.
false
Social responsibility consists of those obligations that society has to businesses.
false
Successful global start-ups, or entrepreneurial businesses that are "born global," surprisingly often lack internationally experienced management.
false
The triple bottom line is an accounting framework that focuses on optimizing short-term financial performance.
false
Methods for going international include all of the following except
foreign reclamation.
Bottom-line measures of economic performance include all of the following except:
global competition.
Informal, formal, or joint collaborations are
international alliances
is a company owned by two or more organizations.
joint venture
An L3C is a new legal form for social enterprises known as
low-profit, limited liability companies.
Ecopreneurs are concerned
only with economically sustainable development
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 designations is not synonymous with social entrepreneur?
social impersonator
One researcher established a framework that classified social actions of corporations into distinct categories that included social responsiveness and ________?
social obligation
The most pro-active position for a corporation to take in regard to social responsibility would be termed
social responsiveness
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 is
the speed with which information flows across borders.
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.
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 are known to combine resources to exploit opportunities to create social value.
true
Social obligation, social responsibility, and social responsiveness are all ways firms view their interactions with society.
true
The three Ps of the triple bottom line are people, planet, and profits.
true
is a business arrangement in which the manufacturer of a product gives permission to some group or individual to manufacture the product in return for specified royalties or other payments.
Licensing
is an international agreement among Canada, Mexico, and the United States that eliminates trade barriers.
NAFTA
can cover three types of risk: currency inconvertibility insurance, expropriation insurance, and political environment insurance.
OPIC
includes unstable government, war, regionalism, and ideological differences.
Political risk
