Question

Difference between social entreprise and business organizations

Answer 1

Answer:

Both approaches fulfill a need in the market and aim to earn a sustainable profit. The main difference is that social entrepreneurship focuses beyond simply generating a profit, and measures its performance on the positive impact the business makes on society – whether social, cultural or environmental. This focus on generating positive social returns make social enterprises an important alternative to conventional and outdated “corporate social responsibility” models which tend to only occur once healthy profits have been achieved.

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