To help guide your learning throughout this unit, we have developed self-assessment quizzes which cover the content provided for each Learning Pathway. The quizzes are not assessed, and you can attempt the questions as many times it takes to answer correctly.

• Social entrepreneurship is a field that is distinct from the broader field of entrepreneurship because:
  • social entrepreneurs aren’t looking to set up an organisational form, whereas traditional entrepreneurs are
    • Try again: Social entrepreneurs may look to establish a social enterprise; a vehicle through which they can organise their activities to achieve their social and commercial objectives
  • innovation is inherent to social entrepreneurship, but not to entrepreneurship
    • Try again: Innovation is inherent to both entrepreneurship and social entrepreneurship
  • social entrepreneurs don’t attempt to scale up their initiatives, but entrepreneurs typically attempt to scale up
    • Try again: This isn’t necessarily true. Plenty of social enterprises have in fact designed their enterprise to scale
  • creating both social and economic value is a complex process that social entrepreneurs tackle, whereas entrepreneurs are typically driven to attain economic (profit-driven) outcomes
    • Correct: social enterprises juggle both value appropriation (financial sustainability) and a value creation (social sustainability) objectives
• Social innovation is significant within socially entrepreneurial activity because:
  • it makes a social enterprise viable, without it, a social enterprise will fail
    • Try again: there are many factors which support the viability of a social enterprise. Innovative practices is only one component
  • it minimises the impact that contextual factors may have on the socially entrepreneurial activity
    • Try again: regardless of how socially innovative socially entrepreneurial activity is, if it contextually inappropriate, or not supported by macro-level factors, the entrepreneur will struggle to achieve their goals
  • it is the one key component that leads to social entrepreneurship
    • Try again: many factors contribute to socially entrepreneurial behaviour, including entrepreneurial orientation, sustainability orientation and connections with networks of individuals
  • it is inherent to the processes by which social entrepreneurs use resources in new ways and ultimately can lead to system-level change
    • Well done! You understand how social innovation supports socially entrepreneurial behaviour.
• Which of the following statements best describe social enterprise?
  • Social enterprises do not strive to generate profits
    • Try again: as per the FASES definition, social enterprises do indeed strive to generate profits – and these are then reinvested back into the social enterprise
  • Social enterprises are driven by a primary desire to generate social impact, and they engage in trading activities to support their social mission
    • Well done! These are fundamental characteristics of social enterprise are inherent within most definitions of social enterprise
  • Social enterprises sell goods and services, these activities only take up a minor part of their overall business model
    • Try again: Please refer to the definition of social enterprise according to the FASES study (Lecture 2)
  • All social enterprises operate as a non-profit
    • Try again: Social enterprises may emerge across the community, private and government sectors. Whilst they are most commonly structured as a non-profit, they can also be a for-profit enterprise
• In order to be socially innovative, an idea must be totally original (not already thought of or applied elsewhere).
  • True
    • Please refer to the slide on innovation in Lecture 2
  • False
    • Correct: this was addressed in the slide on social innovation in Lecture 2