Topic 5-Social Enterprise

Question 1

Define social enterprise

Answer 1

-This is a business with social aims.It tends to reinvest a large proportion of its profits into the community or back into the business.It does not have as its primary aim the need to make maximum profits for shareholders.Their main aims are social,environmental and economic

Question 2

What is a social enterprise

Answer 2

• A social enterprise is self sustaining and is not the same as a charity that depends on donations
• A social enterprise often offers a more flexible approach to working and can be of particular benefit to groups of people such as the long term unemployed and disabled people

Question 3

The main aims of social enterprise

Answer 3

• Economic e.g employment
• Social e.g sense of community
• Environmental e.g sustainable business practice