Podcast
Questions and Answers
What is the primary focus of a social enterprise?
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?
Do social enterprises need to prioritize making money?
No
Who can be considered stakeholders in a business?
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?
What is the key difference between a traditional business and a social enterprise?
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Why are stakeholders important in a business?
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.
