Week 4 Flashcards
Which of the following elements form(s) part of the social impact map?
- Costs
- Outputs
- Revenues
- Activities
- Outcomes
- Outputs
The social impact map includes activitites, outputs, and outcomes of a social entrepreneur.
TRUE/FALSE
TRUE
Outputs should be defined after outcomes.
TRUE/FALSE
FALSE
It is better to measure ouputs than to measure outcomes in a social impact measurement system.
TRUE/FALSE
FALSE
Outputs and outcomes in a social impact measurement system are essentially measuring the same thing.
TRUE/FALSE
FALSE
In the case of euforia, leadership skills acquired during an impact event is an output.
TRUE/FALSE
FALSE
In the case of Euforia, the number of people trained during an impact event is an output.
TRUE/FALSE
TRUE
Your pitch should be the same for every audience.
TRUE/FALSE
FALSE
The main message of your pitch should be the same whether you are pitching to potential investors or giving a conference presentation.
TRUE/FALSE
FALSE
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
TRUE
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 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.
Poverty issues should only be tackled by states and civil society.
TRUE/FALSE
FALSE
Motivations for large corporations to collaborate with social entrepreneurs
* Moral
* Economic: profits / licence to operate / reputation / employee motivation / onnovation
- Moral
- Economic: profits / licence to operate / reputation / employee motivation / onnovation
The main motivation for large corporate entities developing inclusive business models is to improve their reputation.
TRUE/FALSE
FALSE
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
- Moral motivation
- Economic motivation
- Regulatory motivation
- Eco-systemic motivation
All of the above
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)
- 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)
Social entrepreneurs can expect mostly philanthropic money when partnering with big firms.
TRUE/FALSE
FALSE
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
FALSE
Patronage of skills is a possible way to collaborate between corporations and social entrepreneurs.
TRUE/FALSE
TRUE
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
FALSE
Social entrepreneurs main objective is to change how large cooperations do business.
TRUE/FALSE
FALSE
Social intrapreneurs try to change how large cooperations do business.
TRUE/FALSE
TRUE
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
TRUE
Respecting these 3 criterias means being a social intrapreneur
A well prepare pitch will be tailored to address different audiences.
TRUE/FALSE
TRUE
One type of collaboration between a social entrepreneur and a company is to co-create new business models together.
TRUE/FALSE
TRUE
Philanthropy is a possible collaboration between corporations and social entrepreneurs where the latter receives financial support from a company.
TRUE/FALSE
TRUE
