Asked by Rafaiel Ghazaryan on Jul 20, 2024
Verified
Social entrepreneurs recognize a societal problem and use business principles to develop innovative solutions.
Social Entrepreneurs
Social entrepreneurs are individuals who start innovative businesses with the primary goal of solving social problems and improving society.
Innovative Solutions
Novel ideas or methods that address existing problems or needs in a unique or more effective way.
Societal Problem
An issue that affects a large number of people within a society, typically requiring collective efforts for resolution.
- Gain insight into the principle of social entrepreneurship and its effects on the community.
Verified Answer
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Âyah Âtiyah
Jul 23, 2024
Final Answer :
True
Explanation :
Social entrepreneurs indeed focus on identifying and addressing societal problems or needs by applying business strategies and models to create sustainable, impactful solutions.
Learning Objectives
- Gain insight into the principle of social entrepreneurship and its effects on the community.