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Which decision best represents social entrepreneurship?

Answer and explanation

Correct answer: Solving a social problem along with earning profit

Social entrepreneurship applies entrepreneurial methods to address a social or environmental problem while generating enough income to sustain the activity. Earning profit is not automatically inconsistent with social purpose when the business creates meaningful impact and remains responsible. Selling only an expensive product does not establish social benefit, while hiding complaints and denying training are poor ethical practices rather than social entrepreneurship.

Related tags

Social-EntrepreneurshipSustainabilityConcept Of Social ResponsibilitySocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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