SOCIAL ENTREPRENEURSHIP
DEFINITION OF SOCIAL ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To make profit
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To help their social cause
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To provide a service/good for profit
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To be a shop
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Detailed explanation-1: -A social enterprise or social business is defined as a business with specific social objectives that serve its primary purpose. Social enterprises seek to maximize profits while maximizing benefits to society and the environment, and the profits are principally used to fund social programs.
Detailed explanation-2: -Social entrepreneurs provide access to employment, food, affordable energy and other critical services to those who are struggling.
Detailed explanation-3: -Better customer relationships. By being a social business, you are seen to be open, transparent, accessible and responsive. Improved insight. Employee satisfaction. Increased productivity. More innovation. Enhanced reputation. Change in culture. Understanding your audience. More items •18-Jul-2016