Question

Which of the following statements regarding social enterprises is TRUE?

a. Social enterprises are essentially nonprofit organizations.
b. To become a socially conscious organization, one-half of shareholders must approve.
c. The focus of social enterprises is the motto "reduce, reuse, recycle."
d. Unlike charities, social enterprises can sell stock to investors.

Answer 1

The correct statement regarding social enterprises is that unlike charities, social enterprises can sell stock to investors.

Step-by-step explanation:

The correct statement regarding social enterprises is: d. Unlike charities, social enterprises can sell stock to investors. Social enterprises are businesses that aim to achieve social or environmental goals while also generating revenue. Unlike nonprofit organizations, social enterprises can sell stock to investors and operate in a business-like manner.