1. ______ entrepreneurs are characterized by a higher business 5-year survival rate and slightly older entrepreneurs with a higher percentage of them having college degrees.
Answer
Correct Answer:
Traditional non-profit
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2. ______ stakeholders hold power but do not tend to use that power unless they are given a reason to do so.
Answer
Correct Answer:
Dormant
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3. Individuals who have set up a business they will own or co-own that is less than three months old and has not yet generated wages or salaries for the owners are called ______.
Answer
Correct Answer:
nascent entrepreneurs
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4. A(n) ______ is a form of social entrepreneurship where both the venture mission and the market impact are for social purposes.
Answer
Correct Answer:
enterprising nonprofit
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5. ______ entrepreneurs create ventures with a goal of making a profit, and they measure performance by the profits they generate. In contrast, ______ entrepreneurs create ventures to tackle social problems and bring about social change; they measure performance by advancing social and environmental goals.
Answer
Correct Answer:
Traditional; social
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6. Stakeholders who are enthusiastic and passionate stakeholders connected to the organization, but they may not have the power necessary to effect change with the leaders of the larger organization would be classified as ______ stakeholders.
Answer
Correct Answer:
dependent
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7. This type of fund’s goal is to invest in economic development and job creation in impoverished areas.
Answer
Correct Answer:
community fund
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8. Efforts taken by corporations to address the company’s effects on environmental and social well-being in order to promote positive change is collectively described as ______.
Answer
Correct Answer:
corporate social responsibility
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9. ______ make up the majority of tax-exempt non-profit organizations.
Answer
Correct Answer:
Public charities
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10. The ______ model of social entrepreneurship describes an organization with a purpose that equally emphasizes both economic and social goals.
Answer
Correct Answer:
hybrid
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11. ______ stakeholders are the only ones who possess all three attributes of power, legitimacy, and urgency. These stakeholders have a significant role to play in your organization and must be given priority when it comes to handling their claims.
Answer
Correct Answer:
Definitive
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12. Most countries studied have a ______ proportion of men to women early-stage entrepreneurs.
Answer
Correct Answer:
similar
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13. ______ are large, complex social issues where there is no clear solution; there is limited, confusing, or contradictory information available; and where a whole range of people with conflicting values engage in debate.
Answer
Correct Answer:
Wicked problems
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14. ______ is the percentage of the population of each country between the ages of 18 and 64, who are either a nascent entrepreneur or owner-manager of a new business.
Answer
Correct Answer:
Total entrepreneurial activity
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15. ______ activities are the sale of products or services that are used as a source of revenue generation.
Answer
Correct Answer:
Earned-income
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17. A combination of financial assistance such as grants with a high level of engagement by the funder is known as
Answer
Correct Answer:
Venture Philanthropy Funding
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18. TEA stands for
Answer
Correct Answer:
Total Entrepreneurial Activity
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19. Select the correct option related to the statement of the people or groups affected by or involved with the achievements of the social enterprise’s objectives.
Answer
Correct Answer:
Stakeholders
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20. In Social Purpose Ventures businesses created by social entrepreneurs to resolve a _____ and make a profit.
Answer
Correct Answer:
social problem
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21. In Social Consequence Entrepreneurship a for-profit venture whose primary market impact is social.
Answer
Correct Answer:
True
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22. A for-profit venture whose primary market impact is social is known as .
Answer
Correct Answer:
Social Consequence Entrepreneurship
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23. Potential Entrepreneurs are those who believe they have the capacity and know-how to ______ without being burdened by the fear of failure.
Answer
Correct Answer:
start a business
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24. Opportunity-Based Entrepreneurs individuals who make a decision to start
Answer
Correct Answer:
their own businesses
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25. New Business Owners Individuals who are former nascent entrepreneurs and have been actively involved in a business for more than _______
Answer
Correct Answer:
3 months but less than 3.5 years.
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26. Necessity-Based Entrepreneurs Individuals who are pushed into starting a business because of circumstances such as redundancy, threat of job loss, and unemployment.
Answer
Correct Answer:
True
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27. Individuals who have set up a business they will own or co-own that is less than 3 months old and has not yet generated wages or salaries for the owners is correct for
Answer
Correct Answer:
Nascent Entrepreneurs
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28. Which of the correct Statements about Hybrid Model of Social Entrepreneurship?
Answer
Correct Answer:
An organization with a purpose that equally emphasizes both economic and social goals.
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29. Established Business Owners: the people who have been active in business for more than ______ years.
Answer
Correct Answer:
3.5 year
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30. A form of social entrepreneurship where both the venture mission and the market impact are for social purposes is known as.
Answer
Correct Answer:
Enterprising Nonprofits
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31. The sale of products or services that are used as a source of revenue generation is known as
Answer
Correct Answer:
Earned-Income Activities
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32. CSR Stands for corporate social responsibility
Answer
Correct Answer:
True
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