5-pages (1375 Words)
INSTRUCTIONS
Social entrepreneurship is the fastest-growing type of entrepreneurship in most parts of the world. Social entrepreneurs use their creativity to develop solutions to social problems that range from cleaning up the environment to improving working conditions for workers around the world; their goal is to use their businesses to make money and to make the world a better place to live.
The Global Entrepreneurship Monitor survey of entrepreneurial activity reports that 8.3 percent of entrepreneurs in the United States are leading social enterprises, and another 7 percent are trying to start one.
Bill Drayton, founder of Ashoka, an organization that promotes social entrepreneurship, says, “Social entrepreneurs are not content just to give a fish or teach [someone] how to fish.
They will not rest until they have revolutionized the fishing industry.
Bill Drayton, founder of Ashoka, an organization that promotes social entrepreneurship, says, “Social entrepreneurs are not content just to give a fish or teach [someone] how to fish. They will not rest until they have revolutionized the fishing industry.
Your final essay needs to be 5 pages, not including your citation page.
Write a 5-7 page paper in APA format (not including the cover page and reference page) providing your views by Interviewing a social entrepreneur in your community to determine the social need addressed by the entrepreneur and the solution applied to that social need.
Write a 5-7 page paper in APA format (not including the cover page and reference page) providing your views by Interviewing a social entrepreneur in your community to determine the social need addressed by the entrepreneur and the solution applied to that social need.
Social enterprise is a type of business that is centered on promoting societal benefits. Unlike traditional businesses, social enterprises are aimed at promoting the common good of society. Gupta states that social entrepreneurs understand that consumers are ready to invest in ventures that bring social value. Social entrepreneurs are driven by the need to address social challenges facing a community, such as helping the needy, the marginalized, and vulnerable social groups. Bansal et al. (2019) argue that social enterprises are not like profit-making businesses and are also different from traditional charities. This paper examines the subject of social enterprise based on the information shared by Pamela, who runs a social enterprise that supports low-income earners and the homeless.
Pamela Rice is a social entrepreneur who has an organization that works with vulnerable social groups such as the poor, low-income earners, and the homeless to address social challenges. Her organization is part of a mega global company, Goodwill-Industries, which supports the need through education programs. Her community-based enterprise relies on used products and household goods donated by families and businesses. Pamela works with vulnerable social groups, who are hired through a volunteer program to help run the enterprise. The organization uses the income generated from the resale of the refurbished and repaired programs to support the needy through diverse education programs.
The rise of social entrepreneurs is influenced by the fact that traditional businesses have not managed to address the social challenges facing the world even through their corporate social relations programs. Social enterprise is a concept that started back in the UK in the 1970s, to develop entrepreneurship ideas that generate revenue while maximizing social good (Bansal et al., 2019). When businesses are only centered on making profits, they are likely to ignore the social needs of the people and their environmental impact. In this regard, the establishment of social enterprises is viewed and was viewed as an effective way of overcoming social needs. Gupta et al. (2020) point out that social enterprises create a balance between profits and social benefits. They are focused on countering diverse social challenges such as poverty and environmental challenges. Although profits are also an important factor in the social enterprise, the overall objectives are sustainability and social benefits. On the other hand, social enterprises reduce the cost and the need for donations, which is largely associated with traditional charity organizations..........................
--------------------------------------------------------------------------------------------------------------------------------------------
----------------------------------------------------------------------------------------------