Thursday, May 9, 2019
Social Entrepreneurship Essay Example | Topics and Well Written Essays - 750 words
Social Entrepreneurship - Essay ExampleThis paper outlines that hearty entrepreneurs are becoming more and more vocal in these organizations, and are used to strategize ways in which an organization may make a significant social impact in the mart. Social entrepreneurship is gnarly in business strategies and management it is aimed at making an impact in the society, as the organization strategizes in the market. In such cases, innovation is important in coming up with social related strategies, change an organization to have a positive social impact other than taking away from the confederacy in which they operate through exploitation of resources.From this paper it is clear that innovation brings about better products to the market to benefit a society. Social entrepreneurs have to pinpoint problems in the society and come up with measures to turn such problems for the betterment of the society. For example, some pharmaceutical companies such as GlaxoSmithKline Company carry o ut extensive studies in many societies, related to testing and innovating appropriate drugs. A social entrepreneur in such a keep company may come up with other projects such as provision of prefatory amenities to communities, examples organism water, healthcare facilities or other facilities to benefit the entire society. Therefore, instead of the company being biased and benefiting from the society, such innovators are supposed to come up with ingenious projects to enhance a vengeance culture to the same society such actions have been used to strengthen the bond between the company and the society in which such a company operates.Many textile companies are responsible for using noxious chemicals in cotton farming, and supplying the same to cotton farmers.
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