ENTREPRENEURSHIP

SOCIAL ENTREPRENEURSHIP

DEFINITION OF SOCIAL ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
TRUE/FALSE In social innovation, since we are dealing with wicked and complex problems Revolutionary (Create) Innovation is significant.
A
TRUE
B
FALSE
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Wicked problems are problems with many interdependent factors making them seem impossible to solve. Because the factors are often incomplete, in flux, and difficult to define, solving wicked problems requires a deep understanding of the stakeholders involved, and an innovative approach provided by design thinking.

Detailed explanation-2: -Wicked problems have no stopping rule. Solutions to wicked problems are not true or false, but good or bad. All attempts to solutions have effects that may not be reversible or forgettable. These problems have no clear solution, and perhaps not even a set of possible solutions.

Detailed explanation-3: -A wicked problem is a social or cultural problem that’s difficult or impossible to solve because of its complex and interconnected nature. Wicked problems lack clarity in both their aims and solutions, and are subject to real-world constraints which hinder risk-free attempts to find a solution.

Detailed explanation-4: -A wicked problem is a social or cultural problem that is difficult or impossible to solve for as many as four reasons: incomplete or contradictory knowledge, the number of people and opinions involved, the large economic burden, and the interconnected nature of these problems with other problems.

There is 1 question to complete.