Explain what social entrepreneurship is. Give an example of a social entrepreneur.

What will be an ideal response?


Social entrepreneurship is entrepreneurial activity whose goal is to find innovative solutions to social needs, problems, and opportunities.

Students' examples of social entrepreneurs will vary. One example that may be listed would be a company that produces non-disposable products to replace paper or plastic, then donates some of their profits to activities that improve the lives of people in underdeveloped countries.

Business

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________ power can be effective, but its exercise produces resentment and can lead the intermediaries to organize countervailing power

A) Coercive B) Reward C) Legitimate D) Expert E) Referent

Business

Fractions are mathematical expressions for the _____________ of two quantities

a. sum b. total c. difference d. quotient

Business

If it is a high priority to you to make a small cash deposit and then have small monthly payments you should probably ____________________ an automobile.

Fill in the blank(s) with the appropriate word(s).

Business

Larker Brothers, Inc., used the high-low method to derive its cost formula for electrical power cost. According to the cost formula, the variable cost per unit of activity is $4 per machine-hour. Total electrical power cost at the high level of activity was $19,200 and at the low level of activity was $18,400. If the high level of activity was 3,300 machine hours, then the low level of activity was:

A. 3,100 machine hours B. 3,000 machine hours C. 2,900 machine hours D. 3,200 machine hours

Business