Solcial Enterprise Flashcards
1
Q
What is a social enterprise
A
It is a business with these features
-primarily social objectives
-profits are reinvested in the business or the community
-not driven by the need to maximize profits for shareholder/owners
2
Q
What are the types if social enterprises
A
Cooperative
Charities
3
Q
Cooperative
A
Owned and controlled by members
Employees share the ownership
4
Q
Charities
A
To raise money for good causes
5
Q
Why do they exist
A
To fulfill social or environmental needs
Consumers want ethical products and services
To fill a gap in the market