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Exam 4: Supporting Social Entrepreneurship

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Question 51

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Sword and Plough hires army veterans to recycle surplus military materials such as parachutes, sleeping bags, and tents, into fashionable bags and accessories.It donates 10% of its profits to veteran organizations.Sword and Plough is ______.

A) a church, named after the biblical quote, "They will beat their swords into ploughshares."
B) a good example of social consequence entrepreneurship
C) a social purpose venture to help veterans
D) a traditional entrepreneurship

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Question 52

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An earthquake in the same year as a hurricane in Haiti would be an example of a wicked problem.

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Question 53

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Ventures with social consequence and social purpose are the same type of venture.

______ differs from other forms of entrepreneurship in that it gives higher priority to social value creation-by catalyzing social change and/or catering to social needs-than to value capture.

A WISE enterprise is ______.

The wicked problem of the global refugee crisis saw almost 60 million people, that is 1 in 122 people, forced to flee their homes because of wars, conflict, and persecution by the end of 2015.Which of the following is a true statement?

Wicked problems are defined as ______.

Selling products or services (called earned-income activities) are used as a source of revenue generation.For example, the Woodland Park Zoo in Seattle, Washington, is one of several zoos that operate a "Zoo Doo" venture, selling exotic animal dung to the public as garden fertilizer.

Using the typology of ventures, list and describe the four types of ventures.

Which of the following is NOT an example or characteristic of a wicked problem?

Provide an example (not in the book) of a social purpose venture and discuss why you consider it a social purpose venture.

Janell has the sense of urgency and is legitimate but she does not have the power to influence.She is passionate and her passion usually attracts dominant stakeholders.Janell is an example of a ______.

Paisley is a social innovator and needs social investors.She really needs a source of how-to information from writing business plans to measuring social impacts.She should seriously consider which of the following associations?

Scientist Beckett wants to join an online group for environmental resources including research, job posting, government resources, and events.Beckett would be interested in which of the following groups?

Jaylah is looking for a quality foundation that invests in and connects social entrepreneurs working for systematic change in areas of tolerance and human rights, health, environmental sustainability, economic and social equity, institutional responsibility and peace and security.Jaylah should consider which of the following to join?

The "buy one give one" campaign of companies wanting to be socially aware may be causing more problems than the problem they are trying to solve.For example, Tom's Shoes might actually be injuring the local businesses as it stifles local industry and potentially increases local unemployment in the country getting the give-away shoes.

Venture Philanthropy Partners is based in Washington, D.C., and focuses on helping youths from low-income families in that region.This is an example of ______.

Maci is a venture philanthropist with a close, hands-on relationship with the social entrepreneurs and ventures she supports, driving innovative and scalable models of social change.She sits on their boards and is far more intimately involved at strategic and operational levels than are traditional nonprofit funders.Maci is ______.

Estimates are that the SVC (social venture capitalist) market could grow to ______ due to the rise of more socially conscious entrepreneurs looking for impact investment opportunities.

Luther is a special individual that possesses power, legitimacy, and urgency.He usually has a significant role to play in an organization and must be given priority when it comes to handling their issues.Luther is an example of a ______.