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.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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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.

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