Question

Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Which of the following terms best describes the performance valuation model of Cantaloupe Technologies?a. Social entrepreneurshipb. Crowdsourcingc. Cannibalizationd. Entrepreneurship

Answer 1

a. Social entrepreneurship

Step-by-step explanation:

Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Therefore, Social Entrepreneurship best describes the performance valuation model of Cantaloupe Technologies.

Answer 2

Answer: Social entrepreneurship

Explanation: It is a new concept, usually followed by the startup companies. Under this style of entrepreneurship, the management tries to tackle the environmental issues by bringing up funds or providing any other kind of help.

In the given case, the company promises to plant trees on its every sale. Thus, the company is focusing not only on profits but also the problems that are caused due to over destruction of trees.

Hence from the above we can conclude that the correct option is A.