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Describe one qualitative and one quantitative measures of social impact for an organization with which you are familiar.
Correct Answer:
Information gathered in relation to social impact for an organization is both qualitative and quantitative. Fullpower consult is a project/procurement training company that has gotten a measure of its social impact. The qualitative measure of the organization is its stakeholders perception. Stakeholders knows that fullpower will do all it can to always give the best value for money. Fullpower has the policies to give 10% of its profit share back to the community, by sponsoring free trainings for both professionals and vocational. Addition Qualitative and quantitative measures of social impact Qualitative Stakeholder perception Reputation Good Ethical practice Benefit to the economy Quantitative 20% Reduction in emission Amount of funding donated Amount of train courses delivered Percentage of Resources Replaced * Refer to the question column for response
