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Social entrepreneurship

Two of the aims of the business and management programme refer to ethics and to social responsibilities of organisations:


  • promote awareness of social, cultural and ethical factors in the actions of organizations and individuals in those organizations
  • appreciate the social and ethical responsibilities associated with businesses operating in international markets.

So the IB programme encourages a broad view of business, from profit-making to non-profit making, and asks students to examine what business is and what it does, or should do, in a number of national and international contexts.

In this section we examine a relatively new approach to employing business techniques in a not-for-profit setting, to improve social conditions and opportunities.

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Read the articles:

(you can read these in the windows below or follow the previous link to read the article in a separate window) and then consider answers to the questions below.

You may also like to read the articles Young, gifted and not for profit and Time for a new kind of capitalism?


Question 1

Define the term 'social entrepreneurship'.

Question 2

Many people argue that social issues are not 'the business of business'. Discuss the validity of this approach.

Question 3

"A new breed of compassionate capitalists are beginning to stamp their mark on the world as 'change-agents' for society." Explain what is meant by this statement.

Question 4

Analyse how the objectives of a social entrepreneur will differ from those of other entrepreneurs.