TEST BANK FOR UNDERSTANDING SOCIAL ENTREPRENEURSHIP THE RELENTLESS PURSUIT OF MISSION IN AN EVER CHANGING WORLD 4E BY JILL KICKUL, THOMAS S. LYONS CHAPTER 1-14
CHAPTER 1
INTRODUCTION MULTIPLE CHOICE QUESTIONS 1) How is social entrepreneurship defined in this chapter? a. As the application of the mindset, processes, tools, and techniques of business entrepreneurship to the pursuit of a social and/or environmental mission b. As the application of the mindset, processes, tools, and techniques of a social mission to the pursuit of business entrepreneurship and/or environmental mission c. As the application of the mindset, processes, tools, and techniques of an environmental mission to the pursuit of a social mission and/or business entrepreneurship d. As the mission to make the world a better place ANSWER: A, p. 1 2) How old is social entrepreneurship as a field of study? a. Very old, it goes back to the classics b. Relatively new, although not much has been written on the subject c. Relatively new, although much has already been written on the subject d. It has still be founded. ANSWER: C, p. 2 3) All of the following statements accurately describe what can be called market failures in terms of a “free market economy” except which one? a. Profits are insufficient to cause private developers to generate housing for low-income households b. Banks refuse to invest in certain neighborhoods because of perceived risk, called redlining © 2016 Taylor & Francis