Which statement is incorrect about social enterprises?Group of answer choicesSocial enterprises allow consumers to contribute to positive social change while still purchasing the goods and services they needSocial enterprises reinvest profits back into the business or the surrounding communityThe business model of social enterprises is about creating economic value and social benefits at the same timeMany social enterprises focus on hiring from underrepresented communitiesCSR is integral to the purpose of social enterprises

Which statement is most correct about “corporate social responsibility” from the following statements?Group of answer choicesCSR recognizes that conventional economic needs define marketsCSR is integral to profit maximizationCSR is only focused on corporate philanthropyCSR agendas are about creating shared social and economic valueCSR programs focus mostly on reputation

Where does the profit of a social business go?Group of answer choicesInto social impact programs.To the shareholders.To the community.Back into the compan

Social ventures that adopt a _________ model generate profit to fund the social programmes of their affiliate or parent charities to reduce their reliance on donations and improve financial sustainability. a) social needs b) work integration c) plough-back profit d) subsidized services

Matching QuestionMatch the models of corporate social responsibility (CSR) (in the left column) with their descriptions (in the right column).InstructionsDrag and drop application.The economic modelThe economic model drop zone empty.The stakeholder modelThe stakeholder model drop zone empty.The integrative modelThe integrative model drop zone empty.It maintains that managers possess an obligation to maximize profit and shareholder wealth and identifies only legal limitations on the pursuit of profit.It maintains that serving the social good is part of managerial responsibilities to shareholders.It maintains that a business or individuals who work for it are not exempt from the ordinary ethical responsibilities that everyone has to cause no harm, to prevent harm, and to sometimes do good.

Multiple Choice QuestionMilton Friedman, in his article "The Social Responsibility of Business Is to Increase Its Profits," suggests that Blank______.Multiple choice question.business has social responsibilities that go beyond the legal and economic ends for which it was createdcontrary to the title, the social responsibility of business is not to increase its profits but rather to invest them in societythe ethical responsibilities of managers are fulfilled when they pursue profit and increase shareholder wealththe legal restrictions on business should be removed as they prevent business from improving society