Framework in Social Enterprise

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SweepingPhotorealism
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What is the main challenge for social enterprises according to the text?

Balancing business and social aims

What is cross compensation in a social enterprise model?

Using profits to fund services for marginalized groups

In the context of social enterprises, what is the purpose of 'selling to provide others'?

To help marginalized communities

Why do social enterprises often communicate to customers that their purchase will benefit others?

<p>To show the social impact of their purchases</p> Signup and view all the answers

What is a key element of the cross compensation model mentioned in the text?

<p>Allocating profits from one group to support underserved groups</p> Signup and view all the answers

Why is understanding the market and social environment crucial for social enterprises?

<p>To succeed in entrepreneurial activities</p> Signup and view all the answers

What is the main objective of social enterprises when it comes to purchasing products from suppliers and selling them in the market?

<p>To reduce transportation and inventory costs to buy products at a higher price and sell competitively</p> Signup and view all the answers

In the digital age, what role do social enterprises play in facilitating trade relationships?

<p>Supporting artists in selling their works through online platforms</p> Signup and view all the answers

How does Arthur support amateur painters in selling their artwork?

<p>By creating an online platform for art patrons</p> Signup and view all the answers

What does the social enterprise Arthur charge artists for using their online app?

<p>Listing fees and revenue commission for sold paintings</p> Signup and view all the answers

How are profits raised from Arthur's online app utilized?

<p>To fund social programs for the beneficiaries</p> Signup and view all the answers

What does a social enterprise employing an independent support model do with its profits?

<p>Fund social programs for the beneficiaries</p> Signup and view all the answers

What distinguishes a cooperative from a for-profit enterprise?

<p>Democratically managed and owned by members</p> Signup and view all the answers

Which type of organization has a social mission to work for the welfare of its members?

<p>Cooperative</p> Signup and view all the answers

In the context of social enterprises, what does it mean for a business model to be 'easily scalable'?

<p>Capability to expand its impact quickly</p> Signup and view all the answers

What financial factor influences the level of support social enterprises like Mary Ann's can provide?

<p>Profit generated</p> Signup and view all the answers

Why do cooperatives have a social enterprise status?

<p>To work for the welfare of their members</p> Signup and view all the answers

What ownership and management structure is typical for cooperatives?

<p>Owned and managed by individual members</p> Signup and view all the answers

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