Tag: land,labour, capital and entrepreneur

Questions Related to land,labour, capital and entrepreneur

Which of the following challenges social entrepreneurs are facing ? 

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. Limited access to early stage capital

  2. Development of new product

  3. Maintaining profits

  4. All of the above

Show answer
Correct Option: A
Explanation:

Limited access to early stage capital is one of the major challenges faced by social entrepreneurs as they do not follow conventional way of doing business.

Which of the following is way of funding social entrepreneurs ? 
I. Loan Guarantees
II. Quasi-equity debt
III. Pooling 
Select the correct answer from the options given below - 

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. $I$

  2. $II$

  3. $III$

  4. $All$

Show answer
Correct Option: D
Explanation:
1)loan guarantee is a promise by one party to assume the debt obligation of a borrower if that borrower defaults.
2)a category of debt taken on by a company that has some traits of equity is known as quasi equity debt.
3)in resource management ,pooling is the grouping together of resources for the purpose of maximizing advantage and minimizing risk to the users

John Muir - 
1. was Naturalist & conservationist 
2. established National Park System 
3. helped to found Sierra Club
Select the correct answer from the options given below - 

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. $2$ only

  2. $1$ and $2$ only

  3. $3$ only

  4. $1$ , $2$ & $3$

Show answer
Correct Option: D
Explanation:

John Muir is a Scottish-American naturalist. He is also known as "Father of Natural Parks". He is the founder of Seirra Club.

The key to managing return on funding in social enterprises is to offer ________.

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. consistent risk and return to all investors.

  2. different risks and returns to different kind of investor.

  3. return on the basis of type of social enterprise

  4. All of the above

Show answer
Correct Option: B
Explanation:

To ensure a smooth return on funding accumulated by social entrepreneurs, different kind of investors should be offered with different risk which they will have to bear if they invest their money.

In a social enterprise model measurable impact is created by the generation of _______________.

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. funding value

  2. service value

  3. economic value

  4. social value

Show answer
Correct Option: D
Explanation:

Social enterprise model gives the most preference to the social value. Social entrepreneurs upholds the social and ethical value like,providing affordable health care,basi foodstuffs etc.

Dr. Maria Montessori ______________________.

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. fought for fundamental rights of children.

  2. established school for nurses and fought for improvement of hospital conditions .

  3. established National Park System.

  4. developed approach to early childhood education.

Show answer
Correct Option: D
Explanation:

Dr. Maria Montessori (Italy) :She is an Italian physician and educator best known for the philosophy of  Montessori approach  childhood education.She also gained fame for her writing on scientific pedagogy.

The Bill & Melinda Gates Foundation now ______________.

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. issues loan guarantees

  2. issues direct funds

  3. leverage the position

  4. acts as financial vehicle

Show answer
Correct Option: A
Explanation:

The Bill and Melinda Gates Foundation now issues loans,rather than direct funds ,to some of the enterprise it supports ,recognizing that this is an efficient way to leverage its donations and provide organizations with more certain-funding.

The funding of social entrepreneurs is essentially a problem of ________.

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. availability of investment option

  2. financing structuring

  3. profits

  4. None of the above

Show answer
Correct Option: B
Explanation:

Social entrepreneurs usually are not profitable enough to access traditional financial markets,resulting in a financial-social gap. Thus, the funding of social entrepreneurs is essentially a problem of financing structuring.

The process of co-ordinating land, capital and labour for production is called _________________.

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. Organize

  2. Entrepreneurship

  3. Service

  4. Coordination

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Correct Option: B
Explanation:

The process of coordinating land, capital and labour for production is called Entrepreneurship. It is the capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit. Entrepreneurs act as managers and oversee the launch and growth of an enterprise.

The word entrepreneur originated from __________ language.

economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

  1. Latin

  2. Greek

  3. French

  4. India

Show answer
Correct Option: C