Social enterprise Flashcards
1
Q
What is a social enterprise
A
a business with mainly social
objectives that reinvests most of its profits into benefiting
society rather than maximising returns to owners.
2
Q
Three main aims of a social enterprise and what they mean??
A
Economic- make a profit to reinvest back into the business and provide some return to owners
Social- provide jobs or support for local, often disadvantaged, communities
Environmental- to protect the environment and to manage the business in an environmentally sustanable way
3
Q
What are the main aims referred to as?
A
Triple Bottom line
4
Q
Triple Bottom Line definition
A
Three objectives of social enterprises: economic, social and environmental
