Question

Social Enterprise Obligation includes:
(A) Environment
(B) Fair Business Practices
(C) Community Involvement
(D) Energy
(E) Shareholder's Profit
Choose the correct answer from the options given below:

• A. (A), (B), (C) and (E) only
• B. (A), (B), (C) and (D) only
• C. (B), (C), (D) and (E) only
• D. (A), (C), (D) and (E) only

Answer 1

The Correct Option is B

The concept of Social Enterprise Obligation typically focuses on a company's responsibilities toward society, which includes environmental sustainability, fair practices, community involvement, and more. Let’s evaluate each option:

(A) Environment: Correct. Social enterprises often have a responsibility to maintain environmental sustainability and minimize negative impacts on the environment.

(B) Fair Business Practices: Correct. Social enterprises are expected to operate with fairness, transparency, and integrity, ensuring ethical business practices.

(C) Community Involvement: Correct. Social enterprises often focus on benefiting the community, either locally or globally, through their operations, products, or services.

(D) Energy: Correct. Social enterprises often aim to use energy efficiently or promote renewable energy sources as part of their commitment to environmental responsibility.

(E) Shareholder's Profit: Incorrect. While social enterprises may still aim to be financially sustainable, their focus is not primarily on maximizing shareholder profits but on achieving social or environmental goals.

Correct Answer: (A), (B), (C), and (D).