Chapter 16 Knowledge Checks

16.3 True or False: Compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first five years.

False

16.4 True or False: The social venture capitalist (SVC) market is a growing one.

True

16.6 True or False: Corporate social responsibility (CSR) initiatives tend to attract and motivate employees.

True

16.8 True or False: Women in developing nations are more likely to be driven to become entrepreneurs by necessity whereas women in developed nations are more likely to be motivated by opportunity and innovation.

True

16.4 Tala, founded by Shivani Soraya, has a goal of helping businesses in developing countries ______. a. establish credit scores b. find new markets for their products c. consolidate to form collectives d. tap into global distribution logistics

a. establish credit scores

16.6 The difference between corporate social responsibility (CSR) and social entrepreneurship is their ______. a. primary objectives b. funding structures c. classification of stakeholders d. financial commitment to social objectives

a. primary objectives

16.8 What region of the world has the lowest rates of total entrepreneurial activity (in the early stages)? a. North America b. Europe c. sub-Saharan Africa d. Latin America

b. Europe

16.5 When a social entrepreneur is evaluating stakeholders, what is "urgency"? a. The stakeholder's closeness to a particular issue (Is it personal to them?). b. The extent to which that stakeholder demands attention. c. The stakeholder's track record on responding to events. d. The extent to which the stakeholder can hurt or help the enterprise.

b. The extent to which that stakeholder demands attention.

16.3 What is the descriptor for forms of social entrepreneurship that do not fit into the four-part typology? a. nonconforming b. hybrid c. emergent d. nontraditional

b. hybrid

16.4 What is an impact-investment fund? a. one that specializes in microloans. b. one that seeks a return on investment as well as making a social impact. c. one that seeks to invest in economic development in impoverished areas. d. one that shields the identity of its participants.

b. one that seeks a return on investment as well as making a social impact.

16.7 What is the goal of the Audacious Project: Collaborative Philanthropy for Bold Ideas? a. to encourage companies to move away from the corporate responsibility and embrace social entrepreneurship models b. to bring together social entrepreneurs and philanthropists c. to revamp the Mitchell stakeholder typology to fit current models d. to create a "hive mind" for philanthropists

b. to bring together social entrepreneurs and philanthropists

16.1 ______ is the process of sourcing innovative solutions to social and environmental problems. a. Traditional entrepreneurship b. Social responsibility c. Social entrepreneurship d. Stewardship

c. Social entrepreneurship

16.5 When assessing the attributes of her stakeholders, a social entrepreneur must consider if the stakeholder's actions are appropriate, proper, and desired (within the enterprise's context). This attribute is called ______. a. urgency b. leadership c. legitimacy d. power

c. legitimacy

16.1 What is the main difference between social and traditional entrepreneurs? a. whether they are starting a new organization b. the services or solutions they innovate c. their mission d. the type of marketing initiatives they use

c. their mission

16.8 According to the 2018/2019 Global Entrepreneurship Monitor (GEM) research study, the percentage of entrepreneurs in the United States has reached ______. a. 20% b. 23% c. 9% d. 15%

d. 15%

16.8 What is the entrepreneurship ecosystem? a. The shared community of entrepreneurs all around the world. b. The willingness of a country to support all entrepreneurs, regardless of gender, class, etc. c. The worldwide communal interest in promoting entrepreneurship. d. Certain conditions must be in place for small and medium businesses to flourish.

d. Certain conditions must be in place for small and medium businesses to flourish.

16.3 What type of nonprofit is Goodwill, the organization that trains hundreds of thousands of people and operates more than 3,000 donation clothing stores across the United States? a. a hybrid mix of types b. social consequence entrepreneurship c. social purpose venture d. enterprising nonprofit

d. enterprising nonprofit

16.2 According to the Intergovernmental Panel on Climate Change, the world has ______ to reduce greenhouse emissions, one of many warnings that have spurred social entrepreneurs to tackle a variety of related problems. a. until the end of the twenty-first century b. about fifty years c. about twenty-five years d. less than a decade

d. less than a decade

16.5 Which model will help social entrepreneurs select the most suitable communication approach for the myriad stakeholders in their enterprise? a. attributes b. influence-ranking c. pyramid d. salience

d. salience

16.7 GirlTrek is an Audacious Project awardee. What is/are its audacious goal(s)? a. to encourage teenage girls and women to become "radical outdoorswomen" b. to promote a healthy body image among teenage girls c. to encourage girls to major in STEM areas d. to improve African American women's health and well-being through daily walking

d. to improve African American women's health and well-being through daily walking

16.2 Large-scale social problems, which are complex and have no clear solution was termed ______ by scholars in the 1960s. a. intolerable problems b. value-neutral problems c. structural problems d. wicked problems

d. wicked problems