Questions and Answers
What is the primary focus of a social enterprise?
Social objects such as environmental or social projects
Do social enterprises need to prioritize making money?
No
Who can be considered stakeholders in a business?
Internal or external people affected or affected by the actions of a business
What is the key difference between a traditional business and a social enterprise?
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Why are stakeholders important in a business?
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Study Notes
Social Enterprise
- A business that prioritizes social objectives, such as environmental or social projects, over profit.
- Primary focus is not necessarily generating revenue.
Business Stakeholders
- Individuals or groups impacted by a business's actions.
- Can be either internal (e.g. employees, shareholders) or external (e.g. customers, suppliers, community).
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Description
Learn about social enterprises, which prioritize social and environmental projects over profit, and business stakeholders, who are affected by a company's actions.
