Social enterprise

Social enterprise,

Definition of Social enterprise:

  1. A social enterprise or social business is defined as a business that has specific social objectives that serve its primary purpose. Social enterprises seek to maximize profits while maximizing benefits to society and the environment. Their profits are principally used to fund social programs.

  2. The concept of a social enterprise was developed in the UK in the late 1970s to counter the traditional commercial enterprise. Social enterprises exist at the intersection of the private and volunteer sectors. They seek to balance activities that provide financial benefits with social goals, such as providing housing to low-income families or job training.

  3. A type of non-profit business that employs people and earns income in order to help address perceived social or environmental issues. For example, a social enterprise might provide valuable services to a population in need, or they might perform volunteer or even paid consulting work on environmental cleanup projects.

How to use Social enterprise in a sentence?

  1. Maximizing profits is not the primary goal of a social enterprise as is with a traditional business.
  2. A social enterprise is a business with social objectives that serve its primary purpose.
  3. Unlike a charity, social enterprises pursue endeavors that generate revenues, which fund their social causes.
  4. Regarding employment, preference is given to job-seekers from at-risk communities.

Meaning of Social enterprise & Social enterprise Definition

Social Enterprise,

Social Enterprise:

  1. Social Enterprise refers to A company or social enterprise is defined as a company that has certain goals that fulfill its main purpose. Social entrepreneurs want to maximize profits from social and environmental benefits. Most of the resources will be used to finance social programs.

    • A social enterprise is a company whose social goals serve its primary purpose.
    • Social businesses like traditional companies do not have maximum profit.
    • Unlike charities, social enterprises seek to generate income to finance their social causes.
    • When it comes to employment, job seekers from weaker communities are preferred.

  2. Companies with positive social and / or environmental goals, where the community and employees are often at the top of the agenda and are more a source of economic, social or societal purpose for the owners or shareholders than the elimination of social, environmental or societal goals. ۔

  3. Companies that are driven by a social mission with social and / or environmental goals and use market-based strategies to achieve their goals. Social enterprises can be unprofitable and unprofitable.

Literal Meanings of Social Enterprise

Social:

Meanings of Social:
  1. In connection with the company or organization.

  2. Company is needed and, therefore, better adapted to social life.

  3. (Birds) Infant breeding or nesting in the colony.

  4. Informal social gatherings held exclusively by members of a particular club or group.

Sentences of Social
  1. Alcoholism is recognized as a major social problem.

  2. We are social creatures and individuals

  3. The wax wing is a social bird, and where adequate food is available, flocks of hundreds of birds have been recorded.

  4. A social church

Synonyms of Social

communal, civilized, community, soirée, reunion, jamboree, collective, popular, celebration, get-together, at-home, social event, reception, community-based, gregarious, festivity, general, interactional, party, civil, organized, group, social occasion, gathering, function, social gathering, public

Enterprise:

Meanings of Enterprise:
  1. A project or business, usually difficult or expensive.

  2. Business or company

Sentences of Enterprise
  1. Joint venture between French and Japanese companies

  2. Public company

Synonyms of Enterprise

syndicate, deed, task, agency, shop, pursuit, activity, establishment, undertaking, bureau, move, group, venture, action, industry, commercial undertaking, endeavour, organization, corporation, affair, business, franchise, operation, concern, office, proceeding, exercise, mission