Module 2 – Measuring Impact SC

Module 2 – Measuring Impact SC

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Question 1 of 3

1. Question
What is an impact assessment?
- An impact assessment is a process by which an organization measures, analyzes, and reports only their social impact in a community or environment
- An impact assessment is a way for an organization to understand both the social and environmental impact that they create while establishing a reliable and credible way of measuring that impact
- An impact assessment collects, measures, analyzes, and reports only the environmental impact that a social enterprise, fund, or NGO creates
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Question 2 of 3

2. Question
During the lecture, Prof. Durreen Shahnaz identified four benefits of impact assessments. Which of the following were NOT mentioned in the lecture?
- Enhances impact
- Underpins marketing
- Guarantees funding
- Facilitates fundraising
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Question 3 of 3

3. Question
When is the ideal time for an impact enterprise to conduct an impact assessment?
- Right before they pitch to investors and transact a deal
- An impact assessment should be conducted before the enterprise establishes basic operations and strategy
- Ideally after the enterprise draws up a financial model
- After the enterprise develops a business model
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