Characteristics Of Social Enterprise

Decent Essays
Social enterprise has flourished in recent years, and social entrepreneurship is transforming people in different parts of the world. The primary goal of the social enterprise is non-profit, and it continued use business and innovative approach to creating value for the community organization. For China, the social enterprise is still a new thing, only a few people in recent years have been understood the social entrepreneur, no matter from theory, law or practice, China is in the embryonic stage, also need a lot of efforts to develop and research.First, the background of social enterprises ' development and research factions
The causes of social enterprises ' rise, mainly from market failure,government failure and voluntary failure theory.
…show more content…
De found, chairman of the European Social Enterprise Research Network, points out that social enterprises have economic and social characteristics. Regarding economic characteristics, social enterprises have the characteristics of sustainable production of goods and marketing services, the high degree of autonomy, significant economic risks, and the number of paid employees as little as possible. Social enterprises have an explicit purpose of benefiting the community; a group of citizens initiates it; the decision-making power it holds is not based on capital ownership; it participates in the participation of all affected by the project; Limited profit distribution or asset lock-in. Prof. Dees explained the attributes and characteristics of social enterprise organization from the perspective of social enterprise organizational form. He argued that the concept of social enterprise should be placed in the background of the non-profit organization, and social enterprise as a diversified and mixed entity, objectives. Social enterprise is considered as a continuum between pure charity (the non-profit organization) and pure profit (private

Related Documents

  • Decent Essays

    Milton Friedman is known for his various theories on the American economy and business world. In The Social Responsibility of Business is to Increase its Profits, he states that a business main social responsibility is to “use resources and engage in activities,” contributing to an increase in profit without committing fraud. The next article is by Efreeburg, detailing two companies who are the epitome of good social responsibility. Things such as environmental sustainability, employee and customer satisfaction and single-stream recycling are what make Greyston Bakery and New Belgium Brewing “Best for the World” These perspectives are incompatible.…

    • 345 Words
    • 2 Pages
    Decent Essays
  • Great Essays

    The current state of the globalized economy and the principals of neoliberalism exemplify the concept of having too much of a “good thing”. In this case the concept of free trade, as a good thing, can be debated. The current intensity of free trade global structure has led to exploitation of workers, communities and the global South. It empowers major corporations, both in the North and corporations run by elites in the South, to further deteriorate working wages, standards and well beings. Profit has been shifted above people, and many are seeking an alternative to these negative externalities.…

    • 1601 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Non-profit organizations are major contributors to social and economic well-being throughout the world. The creation of wealth is not the main objective for non-profit organization; rather they need to serve a social purpose, while maintaining financial sustainability (Moss, Short, Payne, & Lumpkin, 2010). The non-profit sector is not immune from the damage caused by destructive leaders. The destructive leaders are those whose actions have catastrophic effects on everything from the morale of the employees to the safety of the workplace. There are drastic changes taking place in employment relationships that have an impact on the way resources are distributed in society (Bidwell, Briscoe, Fernandez-Mateo & Sterling, 2013).…

    • 367 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Blurred Boundaries

    • 453 Words
    • 2 Pages

    Rob Reich lectures that blurred lines between the private, public (government), and social sectors have altered how social change happens in the economy. He explains that the shifts in behavior and responsibilities across the traditional sectors have led to improper behavior and decision making, which has also led to the poor management of responsibilities. While the blurred boundaries stress the existing laws, regulations and expectations, the overlap in the boundaries created is a space for new social innovations. Social sectors are nonprofit organizations, where private action produces public benefits. They are the image of community and voluntarism.…

    • 453 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Ben and Jerry’s started in 1978 by two best friends who converted an old gas station into an ice cream shop. This paper will explain how they are a socially responsible and ethical organization. In addition, how their company aligns with a biblical word view and examples from the bible. Corporate responsibility created value for the company and this paper will also explain how they took advance of global opportunities.…

    • 782 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Social responsibility on the part of New Belgium brewing has not been restricted to reducing harm to the environment. New Belgium Brewing started a philanthropy program in 1995, and started a philanthropy committee (Fat Tire). Since the creation to these two entities, more than $8 million dollars has been donated their grant programs, and their employees have donated over 2,700 hours in community service (Fat Tire). Throughout my research, it has become apparent that not only is this their corporate culture but their efforts have become a part of the culture of their employees. The competitive advantage that this provides is that not only does the corporation show they are committed to giving back they also have instilled this value in their employees.…

    • 1464 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Financial Difference between For Profit and Not-For Profit Organization When an Entrepreneur want to start a business he or she has a wide range of decisions to make before beginning. One of the basic or first decision is if the business is for profit or not for profit organization. A for Profit organization basic or priority goal is to make profit while Non- Profit is a business whose priority is rendering services to the community such as food , water, health, shelter, education environmental needs like rare plants and animals survival. However is does not imply that a Non-Profit organization does not make profit.…

    • 731 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    We have been brought up with the misconception that the primary purpose of corporations is to increase profit for their shareholders even in cases of eleemosynary organizations. Milton Friedman in his 1970 article The Social Responsibility of Business is to Increase Profit, illustrates that the central responsibility of a business is “to use its resources and engage in activities designed to increase its profits” (pg 6). His reason being those corporate executives and managers are agents who are morally and legally obligated to act in the best interest of their principle. Friedman’s’ neoliberal economics, is being contested by stakeholders theory which takes socially responsible into consideration. Dana Brakman Reiser in the article The Next big Idea: Flexible Purpose Corporations introduces the idea that social enterprises have multiple objectives, which are to earn profits for owners and promote social good.…

    • 869 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Social responsibility is a heavily disputed topic in the world of business and economics. John Mackey, co-founder of Whole Foods Market, claims that a business has multiple social responsibilities to each of its shareholders. He includes customers, employers, investors, and the community as part of the business’ stakeholders and claims that in fulfilling the needs of each group, the company must be mindful of the values of the other groups. On the other hand, Milton Friedman claims that there is no social responsibility of business, and that social responsibility falls on the government instead. Lastly, there is T.J. Rodgers who leans towards the arguments made by Friedman and objects against Mackey’s philosophy of altruism ahead of individual…

    • 1021 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    These social responsibilities are those that are voluntarily assumed by a business or organization. They include public relations activities, good citizenship, and full corporate social responsibility. • Economic…

    • 1398 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Financial Difference between For Profit and Non- Profit Organization When an entrepreneur wants to start a business he or she has a wide range of decisions to make before beginning. One of the basic or first decision is if the business is for profit or non- profit organization. A profit organization priority goal is to make a profit while non- profit is a business whose priority is rendering services to the community, such as food, health, shelter, education and environmental needs. However, is does not imply that a non-profit organization does not make a profit. These two organizations have similarities and differences.…

    • 783 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    Objectives Of Tesla Motors

    • 1360 Words
    • 6 Pages

    Conflicts will inevitably be met during the process of meeting all needs in the triple bottom line as they are difficult to achieve simultaneously. The measurement or the degree a business is able to achieve their economic, social and environmental responsibilities is referred to the phrase created by John Elkington’s, ‘Triple Bottom Line’. The concept involves the measurement of a business’s profitability, the degree of society’s satisfaction and the extent of a business’s environmental responsibility. However achieving all these responsibilities simultaneously is practically impossible, however Tesla Motors shows possible strategies. Tesla Motors is an American automotive and energy storage company who sell residential batteries and fully…

    • 1360 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    Despite the growing literature, CSR’s complex nature has resulted in a lack of a single definition; however, “at the core of CSR is the idea that it reflects the social imperatives and the social consequences of business success” (Matten p.405). Carroll states that CSR firms should, “strive to make a profit, obey the law, be ethical, and be a good corporate citizen” (Carroll 1991, p.43). For firms to be able to address and support societal needs they must have the monetary resources to put forth action plans; in another view, a profitable business aids society by contributing to the economy. Firms obeying the law ensures that they are abiding by the laws established to help protect the greater good, therefore, helping to keep societal order. On the other hand, an ethical corporation, abides by moral/ethical laws which makes certain that all business decisions are consistent with societal norms and are not likely to harm the community at large.…

    • 1417 Words
    • 6 Pages
    Great Essays
  • Great Essays

    Having a bad reputation socially and environmentally can have serious negative effects on the overall profitability and success of a company, as nowadays consumers want to spend their money on products and services that they believe in, and engage with companies that follow ethical practices that meet their own beliefs. CSR requires internal and external stakeholder’s engagement so it enables organization to anticipate better and take advantage of fast-changing expectations in society as well as operating conditions. By doing the social responsibility activities, organization can build long-term relationship with employee, consumer and citizen trust which act as a basis for sustainable business models. And it helps to create an environment and culture in which organization can innovate and grow. In the longer term, CSR provides a set of values on which to build a more cohesive society and on which to base the transition to a sustainable economic system.…

    • 1756 Words
    • 8 Pages
    Great Essays
  • Brilliant Essays

    “Corporate Social Responsibility: A Critical Approach', Business horizons”, 34, pp. 92-98. Hiller, J. S. (2013). ' The Benefit Corporation and Corporate Social Responsibility', Journal of Business Ethics, 118, pp. 287-301. Katharina, R (2008), “Corporate social responsibility” GRIN…

    • 2882 Words
    • 12 Pages
    Brilliant Essays