Asked by Austin Vaughn on May 20, 2024
Verified
Social venture capitals seek to invest in for-profit ventures not only for financial return but also for social and environmental returns that are referred to as ____.
A) social venture commitments
B) enterprising nonprofits
C) triple bottom line
D) double top line
Social Venture Capitals
Investment funds that provide capital to businesses making a positive impact on social issues, focusing on both financial returns and social outcomes.
Triple Bottom Line
An accounting framework that incorporates three dimensions of performance: social, environmental, and financial.
- Gain an insight into the idea of social venture capital and its effects on economic growth and social influence.
Verified Answer
LO
Lizzy Olsem
May 25, 2024
Final Answer :
C
Explanation :
The social and environmental returns sought by social venture capitalists are referred to as the triple bottom line, which includes financial, social, and environmental outcomes. Choice A and B are not commonly used terms in the context of social venture capital, and Choice D is not a recognized term in this field.
Learning Objectives
- Gain an insight into the idea of social venture capital and its effects on economic growth and social influence.
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