Which of the following best explains why TOMS Shoes is not an example of social entrepreneurship? a.TOMS is not privately owned - its largest shareholders are investment management companies b.TOMS is too large - it is a global corporation that brings in nearly $400 million in annual revenues c.TOMS's buy one get one model is not an innovation d.TOMS's buy one get one model does not solve a social problem stemming from an unjust equilibrium e.The revenue TOMS makes off of each pair of shoes sold is 13 times the value of each pair that is donated

Entrepreneurship is the process in which an individual starts as well as manages a new business.…

Answered: Which of the following best explains…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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	a.	TOMS is not privately owned - its largest shareholders are investment management companies
	b.	TOMS is too large - it is a global corporation that brings in nearly $400 million in annual revenues
	c.	TOMS's buy one get one model is not an innovation
	d.	TOMS's buy one get one model does not solve a social problem stemming from an unjust equilibrium
	e.	The revenue TOMS makes off of each pair of shoes sold is 13 times the value of each pair that is donated