What is the main purpose of social entrepreneurship?
Answer and explanation
Correct answer: Running a sustainable business while solving a social problem
Social entrepreneurship combines an entrepreneurial method with a social purpose. The enterprise identifies a social problem, offers a useful solution, and tries to remain financially sustainable. Therefore, option A is correct. The other options describe wasteful, isolated, or harmful actions, which do not represent social entrepreneurship or responsible business.
Frequently asked questions
What is the correct answer to this question?
Running a sustainable business while solving a social problem
Why is this the correct answer?
Social entrepreneurship combines an entrepreneurial method with a social purpose. The enterprise identifies a social problem, offers a useful solution, and tries to remain financially sustainable. Therefore, option A is correct. The other options describe wasteful, isolated, or harmful actions, which do not represent social entrepreneurship or responsible business.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
