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entrepreneurship

Questions and Answers of Entrepreneurship

How can environmental scanning help social entrepreneurs?
Do you think that social entrepreneurs need to conduct competitive intelligence?
How can social entrepreneurs use benchmarking effectively to learn from the best in their respective sectors?
Discuss the application of Porter’s five forces model to social entrepreneurship. How could it help social entrepreneurs to understand their competitive environment?
Identify at least three elements that could be included in the normative component of the institutional environment. Explain how they could affect social venture creation.
Explain why the United States is a relatively fertile ground for the emergence of social ventures.
Discuss how the three components of the institutional environment could impede the emergence of social entrepreneurship in a given country.
Discuss how the three components of the institutional environment could facilitate the emergence of social entrepreneurship in a given country.
Can you think of other areas, products or geographic locations where Aduna could expand?
If you were in charge, would you work on the expansion of this social venture?
What changes, if any, would you make to Aduna’s social venture plan?
Why do you think Aduna has been so successful?
Do some research on DMT’s plans to transform human waste into gas and electricity. What other uses might DMT find for recycled human waste?
Watch the video about Isaac Durojaiye and DMT at www.youtube.com/watch?v=XjTGm3YQR4s. Describe the problem(s)that DMT is solving.
Discuss the motivations to start DMT from the perspective of the moral engagement model of social entrepreneurship.
Discuss the motivations to start DMT from the perspective of the compassionate model of social entrepreneurship.
Identify some of the motivations behind the creation of DMT.
Grace Hightower De Niro, the philanthropist wife of Robert De Niro, launched Grace Hightower & Coffees of Rwanda in January 2013.59 It is a for-profit operation that aims to boost growers’ incomes
Review the moral engagement model introduced in this chapter. Can people be trained to display a high degree of moral engagement?
Do some research on Muhammad Yunus and the Grameen Bank. Identify and discuss the motivations that led Yunus to start the Grameen Bank as a social venture.
List the five most important things you wish to achieve in life. Identify the actions you might take to achieve them. What emotions would you feel if you achieved them? What emotions would you feel
Watch the video in which Victoria Hale explains her motivations for starting the OneWorld Health Institute at www.youtube.com/watch?v=2aVBDYx9Hmw. What were the main drivers of her desire to start
Do you agree with the assumption that social entrepreneurship is a reaction to perceived social injustice? Should governments be held responsible for the social problems that plague their countries
Discuss whether moral disengagement can prevent people from becoming social entrepreneurs.
Identify examples of prosocial motivations that social entrepreneurs display.
Discuss the role of moral mandates in social venture creation.
Compare the models of compassion and moral engagement. Do you think they represent acceptable models for explaining the creation of social ventures? Could these models be used to explain commercial
Explain the role of compassion in social entrepreneurship. Do you think that social entrepreneurs are more compassionate than commercial entrepreneurs? Explain.
How do you think moral engagement might explain the motivation to become a social entrepreneur?
Do you think that entrepreneurship by necessity could apply to the creation of social ventures (yes or no)? Explain.
Do you agree with the assumption that social entrepreneurs have a strong sense of social justice (yes or no)? Explain.
Explain how the pull and push approaches contribute to social entrepreneurial motivations. Do these two approaches differ in explaining social and commercial entrepreneurial motivations?
Watch Ciudad Saludable’s video at www.youtube.com/watch?v=x0LgwcAsNB4. What impresses you about this social venture?
What type of social change has Albina Ruiz brought to Peru?
List Albina Ruiz’s chief competencies.
How would you describe Albina Ruiz? What traits best characterize her?
What role do you think passion played in the creation of Aakar Innovations?
Watch Aakar Innovations’ video at www.youtube.com/watch?v=40C32F_K4eE. How has Aakar Innovations affected the lives of the beneficiaries of its services?
Do some research on Aakar Innovations’ two founders, Sombodhi Ghosh and Jaydeep Mandal. What competencies do you think they possess? How did these competencies help them start Aakar Innovations?
Identify the problem(s) that Aakar Innovations is solving. How effective has it been in finding a solution?
Suppose you are a member of a panel judging a social venture business plan competition. What elements would you consider important in determining whether a social entrepreneur is passionate about
Explain the role passion could play in starting and running a social venture. Give examples where passion could be a good thing for a social entrepreneur. Do you see a downside to having passion?
Suppose that you are asked to facilitate a workshop whose purpose is to develop the entrepreneurship competencies of participants. Which competencies would you cover and why?
Develop a competency model for social entrepreneurs based on this chapter. What competencies would you add to this model? Explain why you think these competencies are important in starting and
Watch Victoria Hale’s video at www.youtube.com/watch?v=bEEY7OFTp_0 and identify the characteristics that she thinks social entrepreneurs should exhibit. What do you think about her advice? Would it
Do you think that alertness plays a critical role in the discovery or creation of social entrepreneurial opportunities (yes or no)? Explain.
Explain the role of self-efficacy in creating and running a social venture.
Discuss the importance of risk-taking and risk propensity in social venture creation.
Explain the role of passion in launching and managing a social venture.
Explain the role that risk propensity could play in social entrepreneurship.
Identify the key competencies discussed in the text and explain how they could lead to the creation and effective management of a social venture.
“If entrepreneurship is a mindset, then to some extent we are all entrepreneurs.” Do you agree or disagree with this statement? Explain.
Explain how goals affect an individual’s tendency to engage in social entrepreneurial activities.
Do you think that having a high need for achievement could lead to success in starting and running a social venture (yes or no)? Explain.
Describe the entrepreneurial mindset and explain how it might affect the likelihood of an individual engaging in social entrepreneurship.
What other benefits do you think offering free movies provide to the beneficiaries? Explain.
Identify the potential challenges of scaling Cinepop’s in the three countries identified in the case. How can these potential challenges be addressed?
Identify Cinepop’s key stakeholders. What does each of these stakeholders gain from Cinepop’s activities?
Explain Cinepop’s business model.
Watch the OneWorld Health Institute video at www.youtube.com/watch?v=jA0tsJB8cQM and visit the website of PATH (www.path.org). Would you contribute financially to this social venture if you were
Identify some of the factors that explain the success of the OneWorld Health Institute.
Do some research on how the OneWorld Health Institute finances its activities and determine whether it is a purely philanthropic, a purely commercial, or a hybrid form of social venture.
Identify the reasons that led Victoria Hale to start the OneWorld Health Institute.
Watch the TED talk debate on YouTube between Professor Michael Porter and Professor Michael Sandel, both of Harvard University(www.youtube.com/watch?v=2yzzt9XXIO8). What is your position regarding
Visit the websites of the following social enterprises: Ashoka, a US-based foundation (www.ashoka.org), and the Young Foundation of the United Kingdom (http://youngfoundation.org/). Discuss the
Identify three social ventures in your area. Classify these social ventures along the spectrum of purely philanthropic to purely commercial.
Watch Michael Porter’s YouTube video Why business can be good at solving social problems (www.youtube.com/watch?v=0iIh5YYDR2o). Do you think business plays a positive role in addressing social
After reading the chapter, think about a problem that bothers you in your community or in the world in general. Identify the social problem and develop a social concept to address it. What type of
Discuss the following statement: “To some extent, all ventures are social ventures because society tends to benefit from them. Even commercial ventures have a positive social impact.”
Visit the website of OneWorld Health (http://onehealth.org), an organization created by Victoria Hale. Would you describe this organization as a social venture? Explain.
Identify some of the reasons why social entrepreneurship is becoming a global phenomenon.
Comment on Pierre Omidyar’s statement “I think of myself as an entrepreneur, and I have a social view, but I don’t call myself a social entrepreneur.”
Describe the different types of social ventures.
Explain the concept of corporate social entrepreneurship.
Describe and discuss the factors that make a given venture social.
Identify the similarities between commercial and social entrepreneurship.Do you think that these similarities should lead to considering the two disciplines as similar? Should social entrepreneurship
Identify the differences between commercial and social entrepreneurship.Are these differences compelling enough to separate the two disciplines?Explain.
What is a hybrid social venture and how is it different from a purely philanthropic one?
Develop the skills required to manage social impact.
Describe and explain social return on investment and measure it.
Be able to use the tools and techniques for measuring social impact effectively.
Develop the skills required to measure social impact.
Assess the impact of social ventures.
Students should be able to acquire the skills required to formulate and implement social venture growth strategies.
Students should be able to identify growth strategies for social ventures.
Students should be able to define social venture scaling.
Students should be able to understand the importance of scaling a social venture.
Help students develop the skills required to measure the efficiency of social ventures.
Help students develop the skills required to measure the effectiveness of social ventures.
Help students identify the different models of organizational effectiveness.
Help students understand the concept of efficiency in social entrepreneurship.
Help students understand the concept of effectiveness.
Explore the application of agency and stakeholder theories to social ventures.
Identify the factors involved in hiring and managing volunteers in a social venture.
Identify the factors involved in hiring and managing paid employees in a social venture.
Describe the importance of building a social venture team.
Develop skills to assess the financial viability of a social venture.
Learn how to manage social venture finances.
Identify sources for raising capital for social ventures.
Describe the importance of raising capital for social ventures.

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