What is the fundamental difference between Muhammad Yunus's social business and typical for-profit businesses?Group of answer choicesVolunteers run the company in order to extend more benefit to the poor.A new legal entity that forces accountability to social impact.Investors only receive repayment of the principal and no profit is ever paid out in a dividend.Products and services are offered to the market at a 'break even' price point.

What are the two examples that Yunus gave of social businesses?Group of answer choicesA women's co-op and a taxi company.A healthcare app and a micro-PV company.A yogurt company and a mosquito net company.A clothing company and a private school.

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

In his Ted Talk on the “Social Responsibility of Business” Alex Edmans asked whether businesses exist “To earn profit? or to serve a purpose? For shareholders? or for society, customers, employees and the environment?”According to the talk, which of the following statements are incorrect?Group of answer choicesBecause data measuring the social responsibility of individual companies is not as familiar to investors as financial data, investors that gather this information will be at a competitive advantage.The conventional view is that firms exist exclusively to earn a profit.The choice between purpose and profits is not “either or” … it is both.The choice between purpose and profit is a zero-sum game.The alternative view agrees that profits are good, but that they are a by-product of firms acting to serve a purpose.

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

Dr. Michael Moody argues that a commitment to charitable giving and social benefit is increasingly seen as a necessary and profitable aspect of any business. Group of answer choicesTrueFalse