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

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2
Q

What are the types if social enterprises

A

Cooperative
Charities

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3
Q

Cooperative

A

Owned and controlled by members
Employees share the ownership

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4
Q

Charities

A

To raise money for good causes

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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

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