Which example most clearly shows social entrepreneurship?
Answer and explanation
Correct answer: An enterprise that earns profit and also solves a social problem
Social entrepreneurship applies entrepreneurial methods to address a social or environmental problem while maintaining a workable and sustainable model. Earning revenue can support continuity, but the defining feature is meaningful social impact. Advertising alone has no necessary social purpose, while misleading customers or reducing quality harms stakeholders. Therefore, an enterprise combining viability with social problem-solving is the clearest example.
Frequently asked questions
What is the correct answer to this question?
An enterprise that earns profit and also solves a social problem
Why is this the correct answer?
Social entrepreneurship applies entrepreneurial methods to address a social or environmental problem while maintaining a workable and sustainable model. Earning revenue can support continuity, but the defining feature is meaningful social impact. Advertising alone has no necessary social purpose, while misleading customers or reducing quality harms stakeholders. Therefore, an enterprise combining viability with social problem-solving is the clearest example.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
