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
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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

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