Social Entrepreneurship: Social Responsibility And Social Entrepreneurship

Q.2.2)Social responsible is a program that maintains that businesses are part of the society in which they live in…“the company has provided fellowships to China, donated laboratories for local colleges and funded small and medium-enterprises through incubator project’ ’They hire locals because they know the environment and customer’s demand.

to be a more holistic approach that allows social responsonsibilty to be embedded in every decision or process of the company rather than just picking up a "ball ( cause)" and carrying it around to just enhance their brand. It would allow for the company to change the thought

Social responsibility is a great way to not only to make profit; consequently, as well as building a

Social entrepreneurship which has been applied in so many different ways by so many different analysts that it’s depth of vast complexity is still being unraveled and it seems it is still in infancy. It is a multi-interpretable concept and although the use of the term is widespread its use is either overrated or misused. Hence, it is important to firstly understand what social entrepreneurship really is.

The Society is constantly developing and changing, but the progress in development has changed for the worse. The society should be a major focus ,and people should try to find ways to better the community. Social Development attempts to explain quality changes in the structure and framework of society, that helps the society to better realize aims and objectives. Development is a process of social change, not a set of policies and programs instituted for some specific results. In order for the society to improve, there should be a main focus on what makes the development horrible such as; , police brutality,technology, and abortion.

A) A real entrepreneur can take an idea and that can be change in to a service or product according to the needs of certain population. Because of this characteristic economists said that “entrepreneurship is becoming an important agent in the growth and wellbeing of the society”.an entrepreneur is motivated by family or society. They offer new completion and also promotes improved productivity. They can recognize and resolves social problems on a large scale. To create social value entrepreneurs act as a change agent for the society like designing and distributing new approaches. Entrepreneur react very quickly and effectively to the change so that they can take the advantage of opportunities. If they can’t capable of quick action it will be result on their process and success. Social entrepreneurs are stepping to solve the problems.

In the article, It’s Time to Reinvent Work by Richard Branson explains that governments, non-profits organizations, and individuals will not be able to create social change, instead the world needs businesses to help instigate social change. Therefore, we can show the world that business can be a force for good by working together to reinvent work. Businesses should have a greater purpose than just doing business to make profits.

Social innovation can be defined as finding solutions to an important worldly issue and society working together as a whole to implement the solutions, these developments take time but they are for the good of people and in enhancing our social existence. There are many great leaders in social innovation, it take a great deal of drive, collaboration, and compassion. Doris Anderson, a women’s rights activist is a perfect example of how passion for your cause can help push social innovation in life changing ways, as she fought for women’s equality.

Social development is about learning to communicate, interact and form positive relationships with others. During social development children begin to develop their self-concept in relation to family context, care and education, community and environment that is a part of their lives.

I’ve learned from this Book “Social Enterprise (An Introduction)” by Ken Stratford that sharing to your own community will help the community grow and by that means it will create humanity because helping people who are in need is caring because “sharing is caring” It will create a special bond to our brothers and sisters of the community and by that means we are getting more closer to God. And I learned that Social Enterprise is a way of giving back and sharing our blessing to others as I’ve said earlier. ‘Doing well by doing good’ makes us to have a fulfillment in life and at the same time having a purpose in life. Social Enterprise means that helping others to achieved their goals and as I read this book I learned that Social Enterprise has connection of “Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a

The Schwab Foundation for Social Entrepreneurship is a not-for-profit, independent and neutral organization, founded in 1998, with the purpose to advance SocEnt and to foster social entrepreneurs as an important catalyst for societal innovation and progress (cf. Schwab Foundation, n.d., “About us”). The foundation identifies and selects social entrepreneurs to support them financially and provide them

The strategic planning group at Belle Meade Plantation has already made progress in the sustenance of the historic plantation through the creation of the Belle Meade Winery, but other programs could be instituted to further social transformation supported by the plantation. Social enterprise is an initiative that not only produces income, but it is an enterprise whose proceeds are invested to improve the community or stakeholder lifestyles and can also force social change (Ferrell, Thorne, & Ferrell, 2016). This type of enterprise is especially powerful because it brings attention to social deficits and consequently improves the state of those issues while bringing positive attention to the organization responsible for the venture (Ferrell,

It is difficult for impact investors to find a good social company that is able to make profit and still have extensive impacts to the world. While philanthropists do not consider about the profit, but more about the impacts that can be

After reading the first two chapters of Building Social Business, I was moved. I was inspired. Yunus opened my eyes to another side of business which in his words was selfless. And indeed it was selfless. Social business is truly selfless because it focuses on helping others and earning profit comes second. By reading this book and reflecting, I realized it is better to be part of the solution than be part of the problem. By looking at my community, at my environment, and at my experiences in life, there are problems that will need solutions and I firmly believe that having a social business is the solution. By my observation, slow public utilities, expensive medicine, and empowering marginalized sectors are problems that can be solved by putting up social businesses. By combining entrepreneurial mindset and experience, social awareness, and creativity, the ideal social business can be done. But what makes a social business truly a social business is the

I, Puneeta Goel hereby certify that Mansi Agarwal student of B.Com (H) at Amity College of Commerce and Finance, Amity University Uttar Pradesh has completed the NTCC Report on “Social Entrepreneurship”, under my guidance.