9. To what extent do you agree with the following statements: |
Strongly Disagree |
Disagree |
Neither Agree nor Disagree |
Agree |
Strongly Agree |
g. I always find solutions to problems. � � � � � h. I am a team player. � � � � � i. I am a leader. � � � � � j. I make the right decisions quickly and easily. � � � � � k. I am excellent at accounting. � � � � � l. I know what social enterprises are. � � � � � A. Knowledge Questions: For each of the questions below, please circle the correct answer.
1. Which one of these statements areFALSE and which ones are TRUE? a. Social enterprises have a social or environmental purpose. b. The profits of social enterprises are reinvested into the social or environmental purpose, or the community. c. The profits of social enterprises are driven by the need to maximise profit for shareholders and owners”. d. Social enterprises rely on volunteering, grants or donations to sustain themselves in the long term. e. Social enterprises make money from selling goods or services or both.
2.‘ Eco Trader’ sells specialty organically certified olives and olive oil boxes. The social enterprise has 10 employees who work 30 hours a week and are paid Euro 12 per hour each. The marketing department requires Euro 200 a month for supplies, and rent for office space is Euro 500 a month. In June, the company sold 150 specialty boxes and paid its employees a 10 % sales commission, and is responsible for a sales tax rate of 5 %. Using this information calculate June’ s total fixed costs for Eco Trader. The answer is: a. Euro 3,600. b. Euro 4,300. c. Euro 4,300 plus 5 % sales tax rate. d. Euro 4,300 plus 10 % sales commission and 5 % sales tax rate. e. None of the above. f. Don’ t know.
3. In addition to the information about Eco Trader provided in question 2, what other information do you need to calculate the number of boxes that must be sold to cover the costs of the social enterprise? a. The number of salespeople employed by Eco
Trader. b. The net price of the olives and olive oil boxes. c. The country where Eco Trader is located. d. Information on the organisation buying Eco Trader’ s boxes. e. None of the above. f. Don’ t know.
129