Entrepreneurship Theory Process Practice

Business

Quiz 4 :

Social Entrepreneurship and the Global Environment for Entrepreneurship

Quiz 4 :

Social Entrepreneurship and the Global Environment for Entrepreneurship

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The Brundtland definition of sustainable development is "meeting the needs of the present without compromising the ability of future generations to meet their needs."
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True

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

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

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Sustainable development is an important, but not necessarily the most prominent, topic of our time.
True False
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For-profit enterprises have yet to make significant contributions to the world of social entrepreneurship.
True False
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Importing, in essence, is buying and shipping domestically produced goods for foreign consumption.
True False
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One way that social entrepreneurship seeks to enhance social wealth is by creating new ventures.
True False
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Thanks to the North American Free Trade Agreement, each year thousands of smaller enterprises are actively engaged in the international arena.
True False
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Social entrepreneurship avoids private-sector focus on risk taking.
True False
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Bottom-line measures of social performance include the unemployment rate and health-adjusted life expectancy.
True False
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Resource-rich countries and market-rich countries are usually one and the same.
True False
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There are three main types of strategic international alliances.
True False
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Successful global start-ups, or entrepreneurial businesses that are "born global," surprisingly often lack internationally experienced management.
True False
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Purpose, accountability, and transparency are characteristics associated with socially sustainable enterprises.
True False
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Social responsibility consists of those obligations that society has to businesses.
True False
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Licensing agreements can involve patents, trademarks, and technical know-how.
True False
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The three dimensions of performance associated with the triple bottom line are people, the planet, and profits.
True False
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Social entrepreneurship is rarely a vehicle for sustainable development.
True False
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The triple bottom line is an accounting framework that focuses on optimizing short-term financial performance.
True False
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Ecopreneurship is a combination of ecologically and economically sustainable development.
True False
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