Societal / Environmental Missions

Question 1

What are the 3 views between business, society, and nature?

Answer 1

Disparate: business focused
Intertwined: triple bottom line approach, pursue all simultaneously
Embedded: all are intertwined -> business embedded in society, society embedded in nature

Question 2

What are the 4 types of for profit organizational forms?

Answer 2

Sole proprietorship
Partnership
Corporation
Cooperative

Question 3

What are 3 organizational forms that have unique goals/purpose?

Answer 3

Social Enterprise
Benefits Corporation
Community Interest Companies

Question 4

What are the characteristics of: Cooperatives

Answer 4

democratically owned

owned/operated by and is for members

Question 5

What are the characteristics of: Social Enterprise

Answer 5

primary focus is to solve social and environmental problems

Question 6

What are the characteristics of: Benefits Corporation

Answer 6

promotes public benefits
achieving social purposes on par with financial results
positive impact and society and the environment
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