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Social Entrepreneurship Essentials
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1
Question
What is social service in the context of social entrepreneurship?
Page 1
Answer
Provision with social benefits focused on immediate benefits, not broad change.
2
Question
How does social activism differ from social entrepreneurship?
Page 1
Answer
Intended to create change by influencing others to act, without necessarily creating value through entrepreneurship.
3
Question
What is stakeholder capitalism?
Page 1
Answer
A corporate orientation serving multiple stakeholders including shareholders, employees, suppliers, and communities.
4
Question
What does ESG stand for and its purpose?
Page 1
Answer
Environmental, Social, and Governance; criteria used by investors to evaluate positive social impact of activities.
5
Question
Who founded Grameen Bank and its main focus?
Page 1
Answer
Founded by Yunus; focuses on microfinance.
6
Question
What health initiative did Yunus create through Grameen Bank?
Page 1
Answer
Low-cost health insurance program for borrowers and their families.
7
Question
What partnership did Grameen Bank form with Danone?
Page 1
Answer
Grameen Danone Foods to create micronutrient yogurt for malnourished children in Bangladesh.
8
Question
What educational initiative did Grameen create?
Page 1
Answer
A nursing college to provide education and increase supply of quality nurses.
9
Question
What is one key quality of a social entrepreneur?
Page 1
Answer
Orientation toward using innovation to change the status quo.
10
Question
What is another essential quality of social entrepreneurs?
Page 1
Answer
Obsession with creating value through social change.
11
Question
What are the three types of social entrepreneurs?
Page 1
Answer
Innovators, Scalers, Ecosystem Builders.
12
Question
What do innovators in social entrepreneurship do?
Page 2
Answer
Create brand new solutions for social problems.
13
Question
What is the role of scalers in social entrepreneurship?
Page 2
Answer
Take successful ideas and grow them to help more people.
14
Question
What do ecosystem builders contribute?
Page 2
Answer
Create networks and resources to help other social entrepreneurs succeed.
15
Question
Why is team effort important in social ventures?
Page 2
Answer
The founder isn't the only key person; roles like efficient managers are crucial for success.
16
Question
What should you ask before starting a social venture?
Page 2
Answer
Are you truly committed, know your goals, and prepared for dedication, persistence, and flexibility?
17
Question
What is dissemination in social entrepreneurship?
Page 2
Answer
Ability to spread a product or idea beyond its initial conception.
18
Question
What is social innovation?
Page 3
Answer
Creating a new and better solution to a social problem that is more effective, sustainable, or just than existing ones, benefiting society.
19
Question
What is entrepreneurial insight?
Page 3
Answer
The 'aha!' moment connecting different patterns, trends, or ideas to create a unique opportunity.
20
Question
What is innovation for social ventures?
Page 3
Answer
Creating new social value by mobilizing and transforming existing resources in new ways.
21
Question
What is divergent thinking in creative problem-solving?
Page 3
Answer
Brainstorming phase generating many ideas without judgment, exploring all possibilities.
22
Question
What is convergent thinking?
Page 3
Answer
Decision-making phase analyzing and narrowing options to the best practical solution.
23
Question
What are the three key components of creativity?
Page 3
Answer
Expertise, motivation, and creative thinking skills.
24
Question
How can you enhance expertise for creativity?
Page 3
Answer
Through travel, learning, and seeking different cultures.
25
Question
What is motivation in creativity?
Page 3
Answer
Passion and drive dedicated to solving a particular problem.
26
Question
What are creative thinking skills?
Page 3
Answer
Ability to be flexible, see things from different angles, and use techniques like divergent thinking.
27
Question
What is associating in discovery skills?
Page 3
Answer
Connecting ideas from different fields.
28
Question
What does questioning involve in honing discovery skills?
Page 3
Answer
Asking 'why?' and 'what if?' to challenge assumptions.
29
Question
What is observing in discovery skills?
Page 3
Answer
Watching how people behave to identify needs and problems.
30
Question
What is networking for idea generation?
Page 3
Answer
Talking to different people to gain new perspectives.