100 Questions — Social Entrepreneurship
Eight medium-difficulty multiple-choice questions covering frameworks, mindsets, governance, measurement, and leadership from the provided Social Entrepreneurship material.
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Quiz Questions & Answers
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Question 1: According to the 'bottom of the pyramid' framework cited, what is the most sustainable way to address poverty?
Treat the poor as passive recipients of charity and aid
View low-income populations as viable consumers and co-creators in a market-based system
Rely primarily on government subsidies to redistribute wealth
Encourage large corporations to avoid low-income markets due to low margins
Question 2: Which governance safeguard helped Aravind preserve mission integrity compared with SKS Microfinance?
Switching to short-term donor grants to reduce accountability
Relying entirely on volunteer labor to avoid formal management
Adopting a corporate-style IPO to access broader capital markets
Trust-controlled governance that shields the organization from shareholder profit pressures
Question 3: What primary modification does the Balanced Scorecard require for social enterprises?
Eliminate the Internal Process perspective to focus on fundraising
Redefine Customer perspective strictly as shareholder value
Replace or supplement the Financial perspective with a Mission/Social-Impact perspective
Replace Learning & Growth with regulatory compliance metrics
Question 4: In Heifetz’s terms, why are many social problems classified as adaptive challenges?
They can be solved solely by applying existing expert knowledge and authority
They are best addressed through transactional reward and penalty systems
They require minimal stakeholder engagement to avoid complexity
They require the affected people themselves to change values, beliefs, or habits rather than just technical fixes
Question 5: Which psychological trait combination explains persistent founders who keep trying after repeated rejections?
External locus of control and low self-efficacy
Internal locus of control and grit (sustained passion and perseverance)
High self-efficacy combined with reliance on transactional compliance
Need for Achievement paired with avoidance of all risk
Question 6: What key limitation did the solar-lamp enterprise face according to the course case?
An inability to source solar components at scale
Insufficient marketing budget to drive sales
Regulatory bans on selling lighting products in villages
Lack of a robust impact measurement framework to show outcomes like income or health improvements
Question 7: Which leadership behavior from Bass’s Four I’s is shown when a founder challenges staff to rethink assumptions?
Idealized Influence
Inspirational Motivation
Individualized Consideration
Intellectual Stimulation
Question 8: What common psychological trap causes social founders to underprice services and threaten sustainability?
Assumption that market rates will automatically be accepted without outreach
Belief that earning revenue reduces social legitimacy, causing undercharging
Conviction that only government subsidies can ensure long-term viability
Expectation that donors will cover recurring operating costs forever