Which example shows social entrepreneurship?
Answer and explanation
Correct answer: Solving a problem of low-income people while creating sustainable income
Social entrepreneurship addresses a significant social or community problem through an enterprise model. It seeks social impact, such as improving access or livelihood for low-income people, while generating enough income to continue operating. Merely selling to wealthy customers is not automatically social entrepreneurship. Increasing waste or collecting donations through deception is harmful and unethical, not socially responsible.
Frequently asked questions
What is the correct answer to this question?
Solving a problem of low-income people while creating sustainable income
Why is this the correct answer?
Social entrepreneurship addresses a significant social or community problem through an enterprise model. It seeks social impact, such as improving access or livelihood for low-income people, while generating enough income to continue operating. Merely selling to wealthy customers is not automatically social entrepreneurship. Increasing waste or collecting donations through deception is harmful and unethical, not socially responsible.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
