2) Using your own example of a social enterprise, discuss what is meant by the concept (socialentrepreneurship)?How is it different from "traditional" entrepreneurship?Suggested word limit: 800You may exceed this - it is merely for your reference.Do not provide an introduction or conclusion - just answer the question but using essay-styleparagraphs.

Social entrepreneurship is the practice of creating and managing a business or organization that has…

Answered: 2) Using your own example of a social…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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For a startup is it better to have generalists or specialists.justify your answer and discuss both advantage and disadvantage of having generalist and specialists
Which of the following IS NOT a characteristic of social entrepreneurship? a. It usually employs a social innovation, which is a novel solution to a social problem that creates value for society b. It shifts the equilibrium of the current system by developing, testing, refining, and scaling a solution that addresses the underlying causes of the focal problem. c. It is performed by entrepreneurs who start a new company for the purpose of addressing the symptoms of societal or environmental problems. d. It creates a new and stable equilibrium in which the focal problem no longer exists and the impacted group is better off e. It identifies an unjust equilibrium in the current system, whereby an excluded and/or marginalized group faces a problem that they lack the resources (financial, political, etc.) to address.
If there is a one business that you would like to put up now, what would it be? With the advent of disruptive technology, how are you going to adapt to a fast changing environment of business. Determine if it is a product or a service, how do you plan to market it?You may use this in generating good business ideas• A content business about [your topic].• A community business about [your topic].• An online store selling [your product or service].• A matchmaking business connecting [service providers/group A] with [service users/group B].• An online business promoting [a local business].
6 of 7 Part B Now think of how you could "sell" the region you chose to a customer at the Time Travel Agency. You will write a short sales pitch, including the text for a travel brochure that encourages someone to visit that region. Check that your sales pitch includes the following: several aspects of the region that would attract a traveler likely dangers the customer might encounter (these may sound like negative traits but they add adventure to your pitch) descriptive wording that highlights the region's physical and cultural attractions fun and engaging writing that will persuade someone to visit the region a good argument with logical reasoning and solid evidence that will convince people to visit the region interesting images of artifacts, monuments, and geographical features Visuals such as photographs, paintings, and illustrations will make your sales pitch more appealing to a potential customer. Use high quality pictures. They shouldn't look fuzzy or grainy. They should be…
Likert scale (5- strongly agree, 4- agree, 3 - neutral, 2- disagree,1- strongly disagree) questions about: 1. Positive Mental Attitude of an Entrepreneur 2. Creative Mindset of an Entrepreneur 3. Persuasive Communication Ability of an Entrepreneur 4. Intrinsic Motivation and Drive of an Entrepreneur 5. Tenacity and ability to learn from failure training of an Entrepreneur
What's New Principles, Tools, and Techniques in Creating a Business To start a new business, an entrepreneurs needs to have a plan to start a business, as one of the best practice entrepreneurs to identify needs of the community to start a business. Based on your inquiry whether by interview or survey through print or online, now, I would like you to identify 5 major needs of your community and rank them according to order of priority from 1 being the highest and5 lowest and describe business opportunities that can be created. Activity 1. Fill the table below Needs of the Community Business that can be created Rank 1. 2. 3. 4. 5.
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