Entrepreneurship Flashcards
1
Q
Why is Mark Zuckerberg both a social entrepreneur and an entrepreneur?
A
He improved the quality of life for a big group of people while making a profit and sustaining his business
2
Q
What are the confusions regarding social entrepreneurship?
A
- It is ill-defined
- It is fragmented
- Has no theoretical coherent framework
- Knowledge cannot be accumulated
3
Q
What is entrepreneurship?
A
Activities carried out by individuals with an exceptional mindset in order to maximize profit
4
Q
What are two differences between entrepreneurs and entrepreneurs?
A
Social Entrepreneurs
- Not solely for profit
- Uses profits to further cause
Entrepreneurs
- Maximize profit
- Works towards sustainability
