Establishing objectives and goals. From dreams to plan!
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1. Fill in the blanks.
The methodology helps to identify and set objectives for a social business. The letter S stands for , M stands for , A stands for , R stands for and T stands for bound.
The Goals define global sustainable development priorities and aspirations for and seek to mobilize global efforts around a common set of goals. The number of goals is and they can help entrepreneurs identifying a social pressure topic that can be tackled by their business.
2. Social enterprises have as main business objective earning profit, in traditional businesses the primary objective is the achievement of social objectives.
3. One of the following options is NOT advisable to follow when identifiying your social business objectives:
4. Social impact is what makes a business a social one, the achievement of social impact establishes the difference between classical business and social business.
5. Match the concepts or ideas to the correspondent sentence:
- SPICED and SMART
- Social Impact
- Social Impact Measurement
- Participatory indicator
Methodologies to define indicators to measure Social Impact
Change that occurs in society due to the social business activity
A process of understanding how much social change occurred and can be attributed to the social business activity
It can be quantitative or qualitative
Developed together with the beneficiaries and stakeholders of the social business
6. One of the differences between a business plan and a social business plan is that a social business plan gets its funding through capital needs.
7. Which of the following is not an element of a business plan?
8. Match the concepts to their corresponding definition:
- SOCIAL RESPONSIBILITY
- SOCIAL OBJECTIVE
This term is related to the society and the others: the employees, the customers, the city, the country where you are
What you want to achieve for others through your business, such as providing a job to someone, helping other people as a service, making the environment cleaner or appealing
The obligations of a business towards customers, employees, investors, suppliers, the government and the general public
9. Fill in the blanks.
Objectives are the intended that an organisation desires to achieve over periods of time. Because of , objectives may be specified in different ways in which objectives are supported by objectives.
10. Which of the following methods is not used to measure social impact?