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HEC > Week 4 > Flashcards

Week 4 Flashcards

1
Q

Which of the following elements form(s) part of the social impact map?

  • Costs
  • Outputs
  • Revenues
A
  • Activities
  • Outcomes
  • Outputs
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2
Q

The social impact map includes activitites, outputs, and outcomes of a social entrepreneur.

TRUE/FALSE

A

TRUE

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3
Q

Outputs should be defined after outcomes.

TRUE/FALSE

A

FALSE

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4
Q

It is better to measure ouputs than to measure outcomes in a social impact measurement system.

TRUE/FALSE

A

FALSE

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5
Q

Outputs and outcomes in a social impact measurement system are essentially measuring the same thing.

TRUE/FALSE

A

FALSE

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6
Q

In the case of euforia, leadership skills acquired during an impact event is an output.

TRUE/FALSE

A

FALSE

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7
Q

In the case of Euforia, the number of people trained during an impact event is an output.

TRUE/FALSE

A

TRUE

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8
Q

Your pitch should be the same for every audience.

TRUE/FALSE

A

FALSE

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9
Q

The main message of your pitch should be the same whether you are pitching to potential investors or giving a conference presentation.

TRUE/FALSE

A

FALSE

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10
Q

When you pitch your social enterprise, you should aime convince people that your solution either complements existing solutions, or is better than existing solutions to the social issue you are tackling.

TRUE/FALSE

A

TRUE

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11
Q

A social entrepreneurial pitch should include the following elements:
* A convincing theory of change
* The purpose of the social entrepreneurial adventure (i.e., the WHY)
* Arguments that the proposed solution either perfectly complements existing solutions, or is better than existing solutions.
* The expected date of exit through an IPO
* The for-profit legal form of the organization

A
  • A convincing theory of change
  • The purpose of the social entrepreneurial adventure (i.e., the WHY)
  • Arguments that the proposed solution either perfectly complements existing solutions, or is better than existing solutions.
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12
Q

Poverty issues should only be tackled by states and civil society.

TRUE/FALSE

A

FALSE

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13
Q

Motivations for large corporations to collaborate with social entrepreneurs
* Moral
* Economic: profits / licence to operate / reputation / employee motivation / onnovation

A
  • Moral
  • Economic: profits / licence to operate / reputation / employee motivation / onnovation
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14
Q

The main motivation for large corporate entities developing inclusive business models is to improve their reputation.

TRUE/FALSE

A

FALSE

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15
Q

Which of the following is a motivation for corporations to work with social entrepreneurs?

  • Moral motivation
  • Economic motivation
  • Regulatory motivation
  • Eco-systemic motivation
  • All of the above
A
  • Moral motivation
  • Economic motivation
  • Regulatory motivation
  • Eco-systemic motivation

All of the above

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16
Q

What are the types of collaborations between corporations and social entrepreneurs

  • Social Entrepreneur receives a contribution (Philantropy, patronage of skills, investment)
  • Social Entrepreneur sells a Product or Service
  • Partnership for co-creation (highest value-added collaboration)
A
  • Social Entrepreneur receives a contribution (Philantropy, patronage of skills, investment)
  • Social Entrepreneur sells a Product or Service
  • Partnership for co-creation (highest value-added collaboration)
17
Q

Social entrepreneurs can expect mostly philanthropic money when partnering with big firms.

TRUE/FALSE

A

FALSE

18
Q

One type of collaboration between a social entrepreneur and a company is the acquisition of a company’s assets by the social entrepreneur.

TRUE/FALSE

A

FALSE

19
Q

Patronage of skills is a possible way to collaborate between corporations and social entrepreneurs.

TRUE/FALSE

A

TRUE

20
Q

Collaboration between social entrepreneurs and corporations that are created through the co-creation of an economic model result in the lowest value creation.

TRUE/FALSE

A

FALSE

21
Q

Social entrepreneurs main objective is to change how large cooperations do business.

TRUE/FALSE

A

FALSE

22
Q

Social intrapreneurs try to change how large cooperations do business.

TRUE/FALSE

A

TRUE

23
Q

Social intrapreneurs respect the following criterias:
- The attachment to a large company and the understanding of its economic logic.
- A risk taking entrepreneurial approach.
- A societal approach.

TRUE/FALSE

A

TRUE

Respecting these 3 criterias means being a social intrapreneur

24
Q

A well prepare pitch will be tailored to address different audiences.

TRUE/FALSE

A

TRUE

25
Q

One type of collaboration between a social entrepreneur and a company is to co-create new business models together.

TRUE/FALSE

A

TRUE

26
Q

Philanthropy is a possible collaboration between corporations and social entrepreneurs where the latter receives financial support from a company.

TRUE/FALSE

A

TRUE

HEC (4 decks)

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