Asked by Amber Hoxha on Feb 18, 2024
Verified
Social entrepreneurs must continuously monitor stakeholders and maintain relationships with them.
Stakeholders
The people or groups affected by or involved with the achievements of the social enterprise’s objectives.
- Strategies for monitoring stakeholders in social entrepreneurship
- Techniques for maintaining relationships with stakeholders in social entrepreneurship
- Importance of stakeholder management in social entrepreneurship
Verified Answer
CC
Carlos CoronaFeb 18, 2024
Final Answer :
True
Explanation :
Social entrepreneurs work to create social impact, and as such, it is important for them to continuously monitor their stakeholders (including beneficiaries, employees, partners, investors, and others) in order to understand their needs and expectations. By maintaining relationships with these stakeholders, social entrepreneurs can ensure that their work remains impactful and responsive to the needs of the communities they serve.
Learning Objectives
- Strategies for monitoring stakeholders in social entrepreneurship
- Techniques for maintaining relationships with stakeholders in social entrepreneurship
- Importance of stakeholder management in social entrepreneurship
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