Practice Types Of Impact (4.1.2) - Entrepreneurial Skills – IV

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9 questions

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6 sample questions

Question 1.
Define economic impact in entrepreneurship.
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Think about how entrepreneurs affect the job market.
Question 2.
What is social entrepreneurship?
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Consider the term ‘social’ in its definition.
3Question 3.
What is an economic impact of entrepreneurship?
- Increased competition
- Social welfare
- Reduced pollution
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Think about how businesses compete in the market.
4Question 4.
True or False: Social entrepreneurship focuses solely on making profits.
- True
- False
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Consider the meaning of 'social' in entrepreneurship.
Question 5.
Evaluate how a company's decision to manufacture eco-friendly products can affect its economic and social outcomes.
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Consider customer demand for green products.
Question 6.
Design a startup business plan that incorporates social change while remaining profitable.
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Think about balancing profits with purposes.

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