Which is the best example of social entrepreneurship?
Answer and explanation
Correct answer: Providing low-cost education services to poor children while earning revenue
Social entrepreneurship uses an enterprise approach to address a social or environmental problem while seeking financial sustainability. A low-cost education service for disadvantaged children directly creates social value and may earn enough revenue to continue operating. Profit alone does not make a venture social, and deception or neglect of employees is not social entrepreneurship. Therefore, option A is correct.
Frequently asked questions
What is the correct answer to this question?
Providing low-cost education services to poor children while earning revenue
Why is this the correct answer?
Social entrepreneurship uses an enterprise approach to address a social or environmental problem while seeking financial sustainability. A low-cost education service for disadvantaged children directly creates social value and may earn enough revenue to continue operating. Profit alone does not make a venture social, and deception or neglect of employees is not social entrepreneurship. Therefore, option A is correct.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.
Student feedback
Was this question useful?
👍 0 Helpful 👎 0 Not helpful
Yes 0% No 0%
0 responsesStudent Reviews
No published reviews yet.
