Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

Why does a social innovator need to develop a business model very carefully? (Choose one)

2. Question 2 Why does a social innovator need to develop a business model very carefully? (Choose one) 6 / 6 points   The Business Model influences how the venture can grow (i.e.,…

Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

What concept, tool, or idea addresses these questions: How does the org drive revenue? What does that revenue support?

1. Question 1 What concept, tool, or idea addresses these questions: How does the org drive revenue? What does that revenue support? What are people willing to pay for? Who…

Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

What key benefit do Scorecards have over Ratings Systems and SROI accounting systems? (choose one)

8. Question 8 What key benefit do Scorecards have over Ratings Systems and SROI accounting systems? (choose one) 1 / 1 point   Scorecards have no benefits over Ratings Systems and SROI accounting…

Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

Which multidimensional method of performance measurement uses both backward- and forward-looking metrics that each organization customizes?

7. Question 7 Which multidimensional method of performance measurement uses both backward- and forward-looking metrics that each organization customizes? 1 / 1 point   Scorecards or dashboards Social Return on Investment (SROI) Ratings…

Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

Which method of performance measurement ranks initiatives and allows for comparison of ventures? (Choose one)

3. Question 3 Which method of performance measurement ranks initiatives and allows for comparison of ventures? (Choose one) 1 / 1 point   Scorecards or dashboards Social Return on Investment (SROI) Ratings Systems…

Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

There are many potential benefits to scaling a social initiative, including improving efficiency in product or service delivery, reducing inefficient allocation of resources, and reducing duplication of efforts. Despite the potential benefits, Sosa and Frumkin both noted that scale is not right for all social innovators.

11. Question 11 There are many potential benefits to scaling a social initiative, including improving efficiency in product or service delivery, reducing inefficient allocation of resources, and reducing duplication of…

Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

What tool(s) that you’ve learned about in this course might offer hints about the important indicators for a balanced scorecard or dashboard? (Choose all that apply)

9. Question 9 What tool(s) that you’ve learned about in this course might offer hints about the important indicators for a balanced scorecard or dashboard? (Choose all that apply) 5 / 5 points…

Online Course Support | Social Impact Strategy: Tools for Entrepreneurs and Innovators

When scaling a social venture, which is the most appropriate unit of change? (Choose one)

14. Question 14 When scaling a social venture, which is the most appropriate unit of change? (Choose one) 6 / 6 points   Individuals (i.e., offering increasing numbers of people services or products…