NGO's and Social Entrep

Question 1

What are NGO’s?

Answer 1

An NGO is an entity not controlled by the government and is set up to cater to social needs

Question 2

What is A SSA? (Social Sector Actor)

Answer 2

Voulantary or Community agencies , including NGO’s, charirites, religious ministries, and foundations that aim to imrpove social and cultural development

Question 3

Examples of Local NGO’s

Answer 3

Food for the poor
Barbados Cancer Society
Centre Against Abuse barbados
Red Cross
Heal The World Foundation

Question 4

Types of NGO’s

Answer 4

By Orientation:
Charitable
Service
Particatory
Empowering

By level of cooperation:
Community Based Organizations
National
International

Question 5

What is an Endownment?

Answer 5

A fund that is invested for a long period of time and produces annual amounts for charitable purposes

Question 6

Features of NGO’s

Answer 6

> cater to needs of the marganlized like the mentally ill
NGO’s are operated by private individuals
Can be recognized by their level of cooperation
NGO’s are non violent, not associated with a political party

Question 7

Benefits of NGO’s

Answer 7

> Asbense of beaurocracy which allows swift actions
NGO’s are very effective in raising funs
They fill the gaps the GOVERNMENT >:( has failed to address
They are innovative in producing strategies that create solutions

Question 8

Drawbacks of NGO’s

Answer 8

> Not always sustainable as they depend greatly on the kindness of others
NGO’s easily gain confidence and trust, making them avoid scrunitzation. For many the results are a lack of accountability and misuse of funds

Question 9

What is Social Entrepreneruship

Answer 9

Social entrepreneurship is a for-profit business model that strives to make a positive impact on social issues or the environment.

Question 10

What is the Triple Bottom Line Approach?

Answer 10

The triple bottom line (TBL) is a framework that encourages organizations to evaluate their impact on people, the planet, and profi

Also called the 3 pillars of sustainability

Question 11

Forms of Social Entrep

Answer 11

Social Enterprises: For profit, mainly fullfils social objectives
Philantrophic Organizations: NGO’s that are funded by donations
CBO’s (Community Based Organizations): Formed in communities by members to take care of pressing needs

Question 12

Benifits of SE

Answer 12

Benifits: By setting up Social enterpirses Non Profit organizations can generate funding
> The Standard of Living of a country is greatly improved
>Government can pay more attention to other areas of concern
>Customers are prepared to pay more for products since they will see it as giving back

Question 13

The goods and services provided by SE’s are:

Answer 13

Innovative
Unique
Envrionmentally friendly
Cost Effective
Fostered through collaboration