What is the main goal of social entrepreneurship?
Answer and explanation
Correct answer: Solving a social problem along with earning profit
Social entrepreneurship uses an enterprise model to address a social or environmental problem, while seeking enough revenue or surplus to sustain its work. Its central purpose is social value, not merely personal status or profit maximisation. Option A captures the combination of social mission and financial sustainability; the other options contradict that mission.
Frequently asked questions
What is the correct answer to this question?
Solving a social problem along with earning profit
Why is this the correct answer?
Social entrepreneurship uses an enterprise model to address a social or environmental problem, while seeking enough revenue or surplus to sustain its work. Its central purpose is social value, not merely personal status or profit maximisation. Option A captures the combination of social mission and financial sustainability; the other options contradict that mission.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
