MNGT Test

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Ecopreneurship is a combination ecologically and economically substainable development True/False

True

For profit enterprises have yet to make significant contributions to the world of social entrepreneurship True/False

True

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

True

Purpose, accountability, and transparency are characteristics associated with socially substainable enterprises True/False

True

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

True

There are three main types of strategic international alliances True/False

True

Key elements in plans to create a sustainable future are likely to include which of the following? Eliminating the concept of conservation Eliminating the concept of waste Eliminating the concept of "price" Eliminating the concept of accountability

eliminating the concept of waste

Why type of risks incorporates fluctuating exchange rates? social risks economic risks political risks financial risks

financial risks

NAFTA has developed new trade barriers trade barrier reductions a decrease in trade among US, Canada, and Mexico Firms that have become less competitive

trade barrier reductions

global entrepreneurs are now considered by others as weaker at innovation wearing different hats narrow-minded only dedicated to global business aspects

wearing different hatsCo

Membership in the NAFTA has represents of the worlds population present 85% 92% 95% 97%

97%

Methods for going international include all of the following except importing exporting licensing foreign reclamation

foreign reclamation

Which of the following designations is not synonoymus with a social entrepreneur? social innovator public entrepreneur civic entrepreneur social impersonator

social impersonator

The first of five steps for entering the international marketplace is securing adequate financing filing the proper documents conducting research preparing a feasibility study

conducting research

Which of the following activities does not characterize the social entrepreneur Adoption of a mission Recognition of relentless pursuit of opportunity operating with a low sense of accountability engagement in continuous innovations

operating with a low sense of accountability

emerging opportunities emerging in the international arena are fueled by an increase in trade barriers and the emergence of trade blocks a decrease in trade barriers and the emergence of trade blocks

a decrease in the trade barriers and the emergence of trade blocks

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

False

Benefit corporations concern themselves with Purpose and transparency Purpose and accountability Purpose, transparency, and accountability

Purpose, Transparency, and accountability

Thanks to the NAFTA each year thousands of smaller enterprises are actively engaged in the international arena True/False

True

Corporate social responsibility refers to the enhancement of global competition environmental entrepreneurship in the US actions that further some social good beyond the interest of firms the effect of ecopreneurship only of some industries

actions that further some social good beyond the interest of firms

if we accept the argument that social entrepreneurship is a continuum, at one extreme would be social entrepreneurs driven exclusively by producing social benefits: the other would be? social entrepreneurs motivated by profitability with social benefits being the means

social entrepreneurs motivated by profitability with social benefits being the means

the basic challenge for social enterprise is addressing the obligations of business to future generations financial performance different industries society

society

Examples of social enterprise obligations to the environment include all of the following except restoration of the environment recycling efforts support for minority-own businesses

support for minority-owned business

Among the advantages for global entrepreneurs of diaspora networks is the speed at which information flows across borders the distrust among traditional trading partners the creation of places where anything can happen the decline in political risks across ethnic communities

the speed at which information flows across borders

the triple bottom line is an accounting framework that focuses on optimizing short-term financial performance True/False

False

As of 2015 the largest US trading partners include Canada, China, and Mexico

Canada, China, and Mexico

Resource-rich companies and market-rich companies are usually one and the same True/False

False

Social Entrepreneurship is limited to the world for non-profit-organizations True/False

False

Social entrepreneurship avoids private sector focus on risk taking True/False

False

Social entrepreneurship is rarely a vehicle for substainable development True/False

False

Social responsibility consists of those obligations that society has to businesses True/False

False

the three dimensions of performance associated with the TBL are people, planet and profits True/False

False

NAFTA offers strong protection for patents and copyrights patents but not copyrights patents and copyrights but no trade secrets

Patents but not copyrights

The Bottom Line focuses on all of the following expect Profit People The Planet Precedence

Precedence

Bottom-line measures of economic performance include all of the following expect: global competition personal income cost of unemployment job growth

Global Competition

Benefit corporations are one of the oldest forms of incorporation, having been adopted in all 50 states True/False

False

One researcher believes that the social mission is the most important criterion J. Gregory Dees Holger Pazel Dean Shepard

J. Geogory Dees

Social obligation, social responsibility, and social responsiveness are all ways for firms to view their interactions with society True/False

True

Social obligations, social responsibility, and social responsiveness are ways firms view their interactions with society True/False

True

Bottom line measures of social performance include the unemployment rate and health-adjusted life expectancy True/False

False

Importing is buying and shipping domestically produced goods for foreign consumption True/False

False

An L3C is a new legal form for social enterprises known as limited liability corporations low-profit, limited liability companies long-term, low-profit companies

low-profit, Limited liability corporations

Ecopreneurs are concerned only with ecologically sustainable development only economically sustainable development both sustainable development

only with economically sustainable development


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