ENTREPRENEURSHIP

Detailed explanation-1: -Unlike a charity, social enterprises pursue endeavors that generate revenues, which fund their social causes. Regarding employment, preference is given to job-seekers from at-risk communities. Funding for a social enterprise is often obtained by selling services and goods.

Detailed explanation-2: -In simple terms, a social enterprise can be defined as a business that ploughs its profits back into a strong social or environmental mission – i.e. trading to create benefits for people and planet.

Detailed explanation-3: -Simply put, entrepreneurship becomes a social endeavor when it transforms social capital in a way that affects society positively.

Detailed explanation-4: -Social enterprises generally provide a social or environmental good, based on a sustainable business which does not have to rely on charity or philanthropy for its on-going sustainability. The intention is generally to trade in order to make a surplus.