Corporate Social Responsibility Essay

638 Words3 Pages
A social enterprise is just like any other business. A social enterprise delivers a good and/or service to market. Revenues from the good(s) and/or service(s) are reinvested into communities for social good, cultural, or economic growth. Capital I required to operate a social enterprise. Capital can be obtained through marketing a good and/or service, grants, and loans are also resources of capital. Very rarely do social enterprises have investors, because they are rarely publicly traded. A social enterprise has recently been defined as “doing charity by doing trade.” (Freer Spreckly, Social Entrepreneurship, 1978). The key features of a social enterprise consists of social values, social ownership, socially innovative, and social enterprises are self-sustained. There are six defining characteristics of a social enterprise. The six characteristics consists of: A.) Have a social purpose. B.) Achieve that social purpose. C.) There are no contributions given to any one individual, rather the contributions are given to communities or regions. D.) Invest financial assets in accounts for community benefit. E.) Involving organizational members into the governing of the constituency. F.) Organizational accountability to the constituency and the community. (Defining the Social Economy, Salkie, 2003). Throughout various parts and regions of the world the opportunities and implications differ. Through investigative research we have found different opportunities and implications for regions. The regions included in this research include North America, Asian Markets, and the Middle East. In North America some of the markets for a social entrepreneur to explore are educational resources to help utilize learning for younger students. Housing to help shelter the homeless or buildings to occupy soup kitchens, etc. While operating a social enterprise in
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