Question 1

In the context of benefit corporations, what does transparency refer to?

Accepted Answer

Transparency refers to the obl...

Question 2

One researcher established a framework that classified social actions of corporations into distinct categories that included

Accepted Answer

A)   social obligation.
B)   social responsiveness.
C)   social action.
D)   a and b only.

Question 3

During the 1990s, which new issue emerged as affecting entrepreneurs and ethics?

Accepted Answer

A)   misleading advertising
B)   misleading financial reporting.
C)   favoritism in promotions.
D)   the environment.

Question 4

The first of five steps for entering the international marketplace is

Accepted Answer

A)   securing adequate financing
B)   filing the proper documents
C)   conducting research
D)   preparing a feasibility study

Question 5

The basic challenge for social enterprise is addressing the obligations of business to

Accepted Answer

A)   future generations
B)   financial performance
C)   different industries
D)   society

Question 6

Benefit corporations concern themselves with

Accepted Answer

A)   purpose and transparency
B)   accountability
C)   accountability and transparency
D)   purpose, accountability, and transparency

Question 7

Social obligation, social responsibility, and social responsiveness are all ways firms view their interactions with society.

Accepted Answer

A) True 
 B)False

Question 8

Membership in the World Trade Organization represents __________ of the world's population at present.

Accepted Answer

A)   85 percent
B)   92 percent
C)   95 percent
D)   97 percent

Question 9

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

Accepted Answer

A) True 
 B)False

Question 10

Why is global thinking important to today's entrepreneurs?

Accepted Answer

Global thinking is important to today's ...

Question 11

Social entrepreneurship is rarely a vehicle for sustainable development.

Accepted Answer

A) True 
 B)False

Question 12

The triple bottom line is an accounting framework that focuses on optimizing short-term financial performance.

Accepted Answer

A) True 
 B)False

Question 13

List some activities that have come to be associated with social entrepreneurship.

Accepted Answer

Adoption of a mission to create and sust...

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

Among the advantages for global entrepreneurs of diaspora networks is

Accepted Answer

A)   the speed with which information flows across borders
B)   the distrust among traditional trading partners
C)   the creation of places where anything can happen
D)   the decline in political risks across ethnic communities

Question 16

Which of the following designations is not synonymous with social entrepreneur?

Accepted Answer

A)   social innovator
B)   public entrepreneur
C)   civic entrepreneur
D)   social impersonator

Question 17

International alliances rarely require the exchange of proprietary knowledge.

Accepted Answer

A) True 
 B)False

Question 18

Ecopreneurs are concerned

Accepted Answer

A)   only with ecologically sustainable development
B)   only with economically sustainable development
C)   both ecologically and economically sustainable development
D)   neither ecologically nor economically sustainable development

Question 19

For-profit enterprises have yet to make significant contributions to the world of social entrepreneurship.

Accepted Answer

A) True 
 B)False

Question 20

An L3C is a new legal form for social enterprises known as

Accepted Answer

A)   limited liability corporations
B)   low-profit, limited liability companies
C)   long-term, low-profit, low-liability companies
D)   limited liability laborers

Exam 4: Social Entrepreneurship and the Global Environment for Entrepreneurship

Social entrepreneurship is rarely a vehicle for sustainable development.

Correct AnswerverifiedShow Answer

International alliances rarely require the exchange of proprietary knowledge.

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Social obligation, social responsibility, and social responsiveness are all ways firms view their interactions with society.

Correct AnswerverifiedShow Answer

Ecopreneurs are concerned

Correct AnswerverifiedShow Answer

Which of the following designations is not synonymous with social entrepreneur?

Correct AnswerverifiedShow Answer

Membership in the World Trade Organization represents __________ of the world's population at present.

Correct AnswerverifiedShow Answer

One researcher established a framework that classified social actions of corporations into distinct categories that included

Correct AnswerverifiedShow Answer

The basic challenge for social enterprise is addressing the obligations of business to

Correct AnswerverifiedShow Answer

The first of five steps for entering the international marketplace is

Correct AnswerverifiedShow Answer

Why is global thinking important to today's entrepreneurs?

Correct AnswerverifiedGlobal thinking is important to today's ...View AnswerShow Answer

In the context of benefit corporations, what does transparency refer to?

Correct AnswerverifiedTransparency refers to the obl...View AnswerShow Answer

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

Correct AnswerverifiedShow Answer

Benefit corporations concern themselves with

Correct AnswerverifiedShow Answer

Among the advantages for global entrepreneurs of diaspora networks is

Correct AnswerverifiedShow Answer

List some activities that have come to be associated with social entrepreneurship.

Correct AnswerverifiedAdoption of a mission to create and sust...View AnswerShow Answer

The triple bottom line is an accounting framework that focuses on optimizing short-term financial performance.

Correct AnswerverifiedShow Answer

For-profit enterprises have yet to make significant contributions to the world of social entrepreneurship.

Correct AnswerverifiedShow Answer

An L3C is a new legal form for social enterprises known as

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

During the 1990s, which new issue emerged as affecting entrepreneurs and ethics?

Correct AnswerverifiedShow Answer

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Global thinking is important to today's ...
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Transparency refers to the obl...
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Correct Answer
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Adoption of a mission to create and sust...
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