ENTREPRENEURSHIP

SOCIAL ENTREPRENEURSHIP

DEFINITION OF SOCIAL ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who can start and adopt a Social Enterprise business model?(Choose 4)
A
Any individual
B
An existing business
C
An NGO
D
An Organization
E
The Government
Explanation: 

Detailed explanation-1: -The four primary types of social entrepreneurs are community social entrepreneurs, non-profit social entrepreneurs, transformational social entrepreneurs, and global social entrepreneurs.

Detailed explanation-2: -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-3: -Social enterprises are independent businesses, autonomous of state/government control. They are owned and controlled in the interests of the organisations social/environmental mission. Social enterprises should earn at least 50% of their income through trading, rather than through grants or other funding.

Detailed explanation-4: -Business-To-Business Models (B2B): Business-To-Consumer Models (B2C): Subscription Based Models: On-DEMAND BUSINESS MODEL. 22-Aug-2022

There is 1 question to complete.