SOCIAL ENTERPRISE AND BUSINESS AND POVERTY

Social Enterprise and Business and Poverty

Social Enterprise and Business and Poverty

Introduction

A social enterprise is referred as an organization that uses commercial strategies for maximizing benefits and development in environmental and human well being rather than maximizing its profits. These type of organizations can have 'for profit' or 'not for profit' structure. These organizations vary from traditional commercial organizations as their main emphasis is not to maximize their shareholder profit but achieving social and environmental goals of the business (Duff & Bull, 2011, pp. 15-25). Indian based organization SELCO is the best example of social enterprises. ...