Question:
Individuals who focus on developing solutions that benefit the society are called _________ entrepreneurs.
Individuals who focus on developing solutions that benefit the society are called _________ entrepreneurs.
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Choose the type of entrepreneur whose main aim is the welfare of society.
Updated On: Oct 19, 2026
- First generation
- I.T.
- Social
- Family
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The Correct Option is C
Solution and Explanation
Step 1: Understanding the Concept:
Entrepreneurs are grouped by the way they start and run their business and by their aim. One group works mainly for the good of society.
Step 2: Identify the correct type:
A social entrepreneur builds solutions to social problems such as poverty, poor health, lack of education or pollution. Profit is not the only aim. So (C) is correct.
Step 3: Why the other options are wrong:
A first generation entrepreneur is the first person in a family to start a business. That describes who starts, not the social aim.
An I.T. entrepreneur works in the field of information technology, such as software.
A family entrepreneur runs a business that passes from one generation to the next.
Final Answer:
People who develop solutions that benefit society are social entrepreneurs, option (C).
Entrepreneurs are grouped by the way they start and run their business and by their aim. One group works mainly for the good of society.
Step 2: Identify the correct type:
A social entrepreneur builds solutions to social problems such as poverty, poor health, lack of education or pollution. Profit is not the only aim. So (C) is correct.
Step 3: Why the other options are wrong:
A first generation entrepreneur is the first person in a family to start a business. That describes who starts, not the social aim.
An I.T. entrepreneur works in the field of information technology, such as software.
A family entrepreneur runs a business that passes from one generation to the next.
Final Answer:
People who develop solutions that benefit society are social entrepreneurs, option (C).
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