Social entrepreneurship
Two of the aims of the business and management programme refer to ethics and to social responsibilities of organisations:
To:
- 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.
Read the articles:
- Social Entrepreneurs (and listen to the podcast if you have time)
- Business skills solving social ills
(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.