Ch3 Social Enterprises – AO3 Flashcards
1
Q
Advantages of social enterprises (6)
A
- Local employment
– Brings out positive change in communities
– Social benefits
– Profits put back into the organization
– People have more ownership
– Flexibility and freedom to trade commercially while fulfilling social aims
2
Q
Disadvantages of social enterprises (3)
A
– Have to compete in the commercial market
– Face same challenges as businesses who make more profit than them
– Difficult to get resources as they reinvest profit