Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
52. Which of the following is a business benefit of CSR?
a. decreased costs by reducing packaging, energy expenses, and shipping
b. increased number of engaged customers
c. improved public image
d. all of these
53. A work integration social enterprise (WISE) is a social enterprise:
a. that images to provide at-risk youth with employment opportunities
b. that aims to integrate people who have been socially excluded into work and society
through productive activity
c. that allows workers to unionize in sustainability-related fields
d. that aims to bring together social entrepreneurs in the community
54.Which of the following is an example of a work integration social enterprise?
a. a venture that trains former gang members to be personal trainers
b. a venture that sources all its resources from local sources
c. a venture that donates one pair of shoes for every pair of shoes it sells
d. a venture that sells donated books online
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
55. Which of the following is an example of a work integration social enterprise?
a. a venture that provides solar-powered kiosks that charge phones at a low cost
b. a venture that provides educational services for women in prison
c. a venture that sells an internal combustion engine that decreases greenhouse gas
emission
d. a venture that provides sustainable waste and recycling
56. Which of the following is an example of a work integration social enterprise?
a. a venture that provides doctors and nurses with better patient data
b. a venture that improves the quality of drinking water
c. a venture that hires out employees with autism
d. a venture that improves access to clean energy
57. Jing has no power or legitimacy; she is quite often the only dissenting voice in the
room. Jing is an ideal example of a:
a. dormant stakeholder
b. discretionary stakeholder
c. demanding stakeholder
d. dominant stakeholder
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
True/False
1. Large, complex social problems where there is no clear solution I are described as
wicked problems.
2. A refugee crisis is an example of a wicked problem.
3. Issues relating to the environment, poverty, sustainability, equality, education, child
mortality, sanitation, terrorism, and health and wellness are all examples of wicked
problems.
4. According to the typology of ventures, there are four types of models: traditional,
social purpose, social consequence and enterprising nonprofits.
5. Ventures with social consequence and social purpose are the same type of venture.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
6. It is not possible for enterprising nonprofits to use both venture philanthropy funding
and earned-income activities.
7. Earned income activities are the sale of products or services that are used as a
source of revenue generation.
8. Organizations using the hybrid model of social entrepreneurship prioritize social goals
over economic goals.
9. The “buy one give one” campaign of companies wanting to be socially aware may be
causing more problems than the problem they are trying to solve. For example, Tom’s
Shoes might actually be injuring the local businesses as it stifles local industry and
potentially increases local unemployment in the country getting the give-away shoes.
10. Social entrepreneurs use the fundamental principles of entrepreneurship to build
businesses of economic and social value.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
11. Labor unions can be considered a stakeholder in the context of entrepreneurship
12. It’s common for all stakeholders to be in immediate agreement in the context of
social entrepreneurship
13. Stakeholder attributes are relatively fixed.
14. A CEO is an example of a discretionary stakeholder.
15. CSR helps improve social issues but often at the expense of business issues.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
16. A company striving to improve environmental well-being in order to improve their
brand and image is engaging in social entrepreneurship.
17. A company where improving social issues is core to its mission is engaged in
corporate social responsibility.
18. Social entrepreneurs must continuously monitor stakeholders and maintain
relationships with them.
19. Microloans are small short-term loans given to people living in poverty that enables
them to engage in entrepreneurship.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
20. Organizational capacity building is a feature of venture philanthropy.
21. It’s possible for venture philanthropists to provide nonfinancial support.
22. There are no downsides to the “buy-one, give-one” business model.
23. The Woodland Park Zoo selling animal waste as fertilizer in order to reduce waste
and generate revenue is an example of an earned-income activity.
24. Typically the goal of venture philanthropy funding is to provide financial support for
three to five years with the goal of enabling the venture to eventually become financially
independent.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
25. Achates Power Inc, a company that develops an improved internal combustion
engine that increases fuel efficiency, is an example of a work integrations social
enterprise (WISE).
Essay
1. Describe a wicked problem and how you would organize a social entrepreneurship to
alleviate the wicked problem.
2. Using the typology of ventures, list and describe the four types of ventures in terms of
their venture mission and primary market impact.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
3. Provide an example of a social purpose venture and discuss why you consider it a
social purpose venture.
4. Discuss the differences between traditional nonprofit entrepreneurs and enterprising
nonprofits.
5. Describe venture philanthropy funding.
6. Describe the features of venture philanthropy.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
7. Discuss the pros and cons of a buy-one, give-one business model.
8. Compare and contrast the high-engagement and multiyear support characteristics of
venture philanthropists.
9. Describe the tailored-financing characteristics of venture philanthropists.
10. List four examples of impact investment funds.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
11. Describe what role social entrepreneurship plays in society.
12. Explain how social entrepreneurship can help resolve wicked problems around the
world.
13. Identify the different types of social entrepreneurship and explain how they differ.
14. Explain how social entrepreneurs can use capital markets to fund their ventures.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
15. Identify the primary attributes of stakeholders and explain how stakeholders can
help or hinder a social entrepreneur.
16. Distinguish between corporate social responsibility and social entrepreneurship.
17. Assess the value of social inclusion globally within social entrepreneurship.
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018
18. Explain how dormant stakeholders, discretionary stakeholders, and demanding
stakeholders differ.
19. Explain why CSR makes good business sense.
20. Explain how the hybrid model of entrepreneurship differs from
Instructor Resource
Neck, Entrepreneurship
SAGE Publishing, 2018