CMAT Social Innovation & Entrepreneurship Bible
Social entrepreneurs measure success by impact, not only profit. This chapter covers social innovation, how a social enterprise differs from a regular business, and its obligations — environment, fair business practices, community involvement and energy. You also learn the bottom-line measures of social performance, such as unemployment, poverty, commute time and illiteracy, and externalities, the social or environmental spill-over effects of a venture. CMAT has asked select-all lists and the term externalities directly.
Full notes
Frequently asked questions
Is this chapter important for CMAT?
Yes — asked in two of the last three years.
What should I revise first?
Social enterprise obligations, bottom-line measures and externalities.
Which CMAT papers asked this chapter?
Asked in CMAT: 2024, 2026.