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Ajay and Vijay are arguing on the fact that there is no difference between the objective of entrepreneur and social entrepreneur. Ajay is of the view that The final objective of Social entrepreneurs is wealth creation but Vijay is of the view that for social entrepreneurs wealth creation is a means to an end.
Who is correct?
- a)Ajay
- b)Vijay
- c)Both Ajay and Vijay
- d)None of the two
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Ajay and Vijay are arguing on the fact that there is no difference bet...
Ajay and Vijay are arguing on the fact that there is no difference between the objective of entrepreneur and social entrepreneur.
Ajay's view:
- Ajay believes that the final objective of social entrepreneurs is wealth creation.
- According to Ajay, social entrepreneurs are primarily focused on generating wealth.
Vijay's view:
- Vijay argues that wealth creation is a means to an end for social entrepreneurs.
- For social entrepreneurs, wealth creation is not the ultimate objective but a way to achieve their larger goal of creating social impact.
Conclusion:
- Vijay is correct in this argument.
- The objective of social entrepreneurs extends beyond wealth creation.
- Social entrepreneurs aim to address social and environmental issues and create positive change in society.
- While they may generate wealth through their ventures, it is not their final objective but a tool to achieve their larger mission.
Ajay's view:
- Ajay believes that the final objective of social entrepreneurs is wealth creation.
- According to Ajay, social entrepreneurs are primarily focused on generating wealth.
Vijay's view:
- Vijay argues that wealth creation is a means to an end for social entrepreneurs.
- For social entrepreneurs, wealth creation is not the ultimate objective but a way to achieve their larger goal of creating social impact.
Conclusion:
- Vijay is correct in this argument.
- The objective of social entrepreneurs extends beyond wealth creation.
- Social entrepreneurs aim to address social and environmental issues and create positive change in society.
- While they may generate wealth through their ventures, it is not their final objective but a tool to achieve their larger mission.
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Community Answer
Ajay and Vijay are arguing on the fact that there is no difference bet...
Explanation:
Objective of Entrepreneur:
- The primary objective of a traditional entrepreneur is typically wealth creation through the successful operation of a business.
- Traditional entrepreneurs focus on generating profits and maximizing financial returns for themselves and their stakeholders.
Objective of Social Entrepreneur:
- Social entrepreneurs, on the other hand, have a broader objective that goes beyond just wealth creation.
- While they may still aim to generate revenue and be financially sustainable, their main goal is to create positive social or environmental impact.
- For social entrepreneurs, wealth creation is often seen as a means to an end rather than the ultimate goal.
- They prioritize addressing social issues, creating innovative solutions, and driving positive change in society.
Correct Answer:
- In this case, Vijay is correct in stating that for social entrepreneurs, wealth creation is a means to an end.
- The ultimate objective of social entrepreneurs is to bring about social change and make a positive impact, with financial sustainability being a tool to achieve these goals.
Objective of Entrepreneur:
- The primary objective of a traditional entrepreneur is typically wealth creation through the successful operation of a business.
- Traditional entrepreneurs focus on generating profits and maximizing financial returns for themselves and their stakeholders.
Objective of Social Entrepreneur:
- Social entrepreneurs, on the other hand, have a broader objective that goes beyond just wealth creation.
- While they may still aim to generate revenue and be financially sustainable, their main goal is to create positive social or environmental impact.
- For social entrepreneurs, wealth creation is often seen as a means to an end rather than the ultimate goal.
- They prioritize addressing social issues, creating innovative solutions, and driving positive change in society.
Correct Answer:
- In this case, Vijay is correct in stating that for social entrepreneurs, wealth creation is a means to an end.
- The ultimate objective of social entrepreneurs is to bring about social change and make a positive impact, with financial sustainability being a tool to achieve these goals.
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Ajay and Vijay are arguing on the fact that there is no difference between the objective of entrepreneur and social entrepreneur. Ajay is of the view that The final objective of Social entrepreneurs is wealth creation but Vijay is of the view that for social entrepreneurs wealth creation is a means to an end.Who is correct?a)Ajayb)Vijayc)Both Ajay and Vijayd)None of the twoCorrect answer is option 'B'. Can you explain this answer?
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