The aim of this unit is to provide students with a sound knowledge and understanding the Concepts of social Entrepreneurship and the influences it has on current buying behavior of organizations which differs from individual customers
Social entrepreneurship is an approach by individuals, groups, start-up companies or entreprenuers, in which they develop, fund and implement solutions to social, cultural, or environmental issues. This concept may be applied to a wide range of organizations, which vary in size, aims, and beliefs. For-profit entrepreneurs typically measure performance using business metrics like profit, revenues and increases in stock prices. Social entrepreneurs, however, are either non-profits, or they blend for-profit goals with generating a positive “return to society”. Therefore, they use different metrics. Social entrepreneurship typically attempts to further broad social, cultural, and environmental goals often associated with the voluntary sectors in areas such as poverty alleviation, health care and community development.
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