Module 11- Sustainability Flashcards
What are the 4 sectors of economy? Explain them.
4pts
- Private sector: Part of economy that is not controlled and operated by government
- Social sector: includes charities and non-profit organizations and is referred to as the non-profit or voluntary sector
- Public sector: Operated by government departments
- Fourth sector: Integrates business or private, social and public methods
A plan that views
economic, ethical, social, and environmental responsibilities more intensively and integrates CSR into all facets of business operations.
Sustainability strategy
A model of business operation
where some or all profits are deliberately used to further social aim.
What is this and what are the 4 types?
5pts
Social enterprise
- Non-profit organization
- Co-operative
- Hybrid corporation
- For-profit corporation
process of addressing social
challenges from inside established organizations.
a) social entrepreneur
b) social intrapreneurship
c) social extrapreneurship
b) social intrapreneurship
process of inter-organizational
action that facilitates alternative combinations of ideas,
peoples, places, and resources to address social challenges.
a) social entrepreneur
b) social intrapreneurship
c) social extrapreneurship
c) social extrapreneurship
an innovative, visionary leader of a
non-profit or for-profit business with real-world problem
solving creativity and a high awareness for ethical, social, and
environmental considerations.
a) social entrepreneur
b) social intrapreneurship
c) social extrapreneurship
a) social entrepreneur
Novel solution to a social problem
that is more effective, efficient, sustainable, or just than
current solution.
Social innovation
Privilege of operating in society with minimal formalized restrictions based on maintaining
public trust by doing what is acceptable to stakeholders
in the business and society relationship.
Social license
