What is the 'double bottom line' in social business?

Financial sustainability and social impact

How can personal passion contribute to launching a social business?

Passion can transform into solutions for societal challenges

What is the mission of the BASF-Grameen partnership?

Addressing health and environmental issues

What are three key drivers of social business?

Compassion, Creativity, and Entrepreneurship

What role does Muhammad Yunus see for social businesses in the future?

Solving societal issues like poverty and climate change

What problem does the nursing college initiative address?

Shortage of nurses in Bangladesh and worldwide

Why does Yunus believe social business principles should be taught in schools?

To cultivate future change-makers and innovators

What is one benefit of partnering with other organizations in social business?

It provides financing, scaling, and expertise support

What global initiative aimed to cut poverty in half by 2015?

Millennium Development Goals (MDGs)

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Building Social Business

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Questions 12

Answers

1
What is the primary goal of a social business?
Compete with non-profits
Address social problems
Maximize profits
Sponsor scholarships
2
Which Grameen initiative focused on fighting malnutrition through affordable yogurt?
Grameen Shakti
Grameen Telecom
Grameen Fisheries
Grameen Danone
3
What is the 'double bottom line' in social business?
Financial sustainability and social impact
Financial profit and market share
Environmental goals and product design
Marketing success and shareholder value
4
How can personal passion contribute to launching a social business?
It helps generate high profits
Passion can transform into solutions for societal challenges
Passion ensures market dominance
Passion replaces the need for creativity
5
What is the mission of the BASF-Grameen partnership?
Launching high-profit luxury items
Focusing on social media campaigns
Sponsoring scholarships worldwide
Addressing health and environmental issues
6
What are three key drivers of social business?
Technology, Capital, and Labor
Wealth, Power, and Fame
Profit, Market Share, and Influence
Compassion, Creativity, and Entrepreneurship
7
What role does Muhammad Yunus see for social businesses in the future?
Generating the highest profits
Focusing on stock market investments
Replacing traditional businesses entirely
Solving societal issues like poverty and climate change
8
What problem does the nursing college initiative address?
Shortage of nurses in Bangladesh and worldwide
Lack of access to education for young men
High tuition costs for doctors
Lack of affordable housing
9
Why does Yunus believe social business principles should be taught in schools?
To promote global stock market literacy
To encourage students to pursue careers in profit-driven businesses
To cultivate future change-makers and innovators
To replace traditional economics curriculum
10
What is one benefit of partnering with other organizations in social business?
It ensures government control over the business
It provides financing, scaling, and expertise support
Partners take over all operations
It eliminates competition in the market
11
What global initiative aimed to cut poverty in half by 2015?
United Nations Economic Initiative
Millennium Development Goals (MDGs)
Sustainable Development Goals (SDGs)
Grameen Expansion Plan
12
Which step comes first in launching a social business?
Create a business plan
Begin small
Start with compassion
Use creativity and technology

Building Social Business Flashcards | StudBud