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Test: Dimensions of Entrepreneurship - 2 - B Com MCQ


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10 Questions MCQ Test Entrepreneurship & Small Businesses - Test: Dimensions of Entrepreneurship - 2

Test: Dimensions of Entrepreneurship - 2 for B Com 2024 is part of Entrepreneurship & Small Businesses preparation. The Test: Dimensions of Entrepreneurship - 2 questions and answers have been prepared according to the B Com exam syllabus.The Test: Dimensions of Entrepreneurship - 2 MCQs are made for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Dimensions of Entrepreneurship - 2 below.
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Test: Dimensions of Entrepreneurship - 2 - Question 1

What is the definition of an ecopreneur?

Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 1
An ecopreneur is a person or entity that provides environmentally friendly services, goods, and technology. They are concerned about the whole humanity and the world we live in, and their primary motive is not only to make profits but to serve humanity and ensure the availability of resources for future generations.
Test: Dimensions of Entrepreneurship - 2 - Question 2

What is the main aim of an ecopreneur?

Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 2
The main aim of an ecopreneur is to build a business that is sustainable and environmentally friendly. They prioritize the environment and strive to create a positive impact on the world through their business practices.
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Test: Dimensions of Entrepreneurship - 2 - Question 3

What is the term "ecopreneur" derived from?

Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 3
The term "ecopreneur" is derived from the combination of "entrepreneur" and "ecology". It represents individuals who are focused on ecologically-friendly issues and causes and aim to do business in a way that benefits the environment.
Test: Dimensions of Entrepreneurship - 2 - Question 4
What are the driving forces behind ecopreneurship?
Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 4
The driving forces behind ecopreneurship include global population growth, climate change, and resource scarcity. Ecopreneurs recognize the need to find ways to conserve energy, materials, and resources to meet the needs of the growing population and make sustainability possible.
Test: Dimensions of Entrepreneurship - 2 - Question 5
How can companies benefit from implementing ecopreneurial policies?
Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 5
Companies can benefit from implementing ecopreneurial policies in multiple ways. They can generate more profits by saving costs through energy-efficient mechanisms, gain popularity and a larger market share by being environmentally friendly, and achieve sustainability while protecting the environment for long-term success.
Test: Dimensions of Entrepreneurship - 2 - Question 6
What are the characteristics of an ecopreneur?
Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 6
The characteristics of an ecopreneur include undertaking business ventures with a measure of risk, identifying feasible business opportunities, and having a positive impact on the environment. They prioritize the environment and aim to create businesses that are sustainable and environmentally friendly.
Test: Dimensions of Entrepreneurship - 2 - Question 7
What are the principles of ecopreneurship based on the Natural Step principles?
Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 7
The principles of ecopreneurship based on the Natural Step principles include energy and resource use efficiency, ecosystem services, natural step principles, and eco-efficiency and eco-effectiveness. These principles guide ecopreneurs in creating businesses that are environmentally friendly and sustainable.
Test: Dimensions of Entrepreneurship - 2 - Question 8
What is the main aim of social entrepreneurship?
Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 8
The main aim of social entrepreneurship is to achieve large-scale, systemic, and sustainable social change. Social entrepreneurs focus on creating social and/or ecological value and aim to optimize financial value creation alongside it.
Test: Dimensions of Entrepreneurship - 2 - Question 9
What sets social entrepreneurs apart from other individuals and organizations dedicated to social improvement?
Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 9
Social entrepreneurs are set apart from other individuals and organizations dedicated to social improvement by their practical but innovative stance to social problems, their ability to measure and monitor their impact, and their driving passion to make a difference. They combine these traits with entrepreneurial zeal and business methods to drive social innovation and transformation.
Test: Dimensions of Entrepreneurship - 2 - Question 10
What does social entrepreneurship aim to achieve?
Detailed Solution for Test: Dimensions of Entrepreneurship - 2 - Question 10
Social entrepreneurship aims to apply practical, innovative, and sustainable approaches to benefit society in general, with an emphasis on marginalized and poor communities. It addresses economic and social problems by utilizing market principles and forces to drive social and ecological value creation.
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