13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]

Ch 2 Business structure
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Sir Afzal Shad
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13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]

Post by Sir Afzal Shad »

Q13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]

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Possible Structure:
[KN]
[AN]
[AN+]
Shanze Arsalan
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Re: 13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]

Post by Shanze Arsalan »

KN: more ethical people will join the business
AN: Ethical people are always creative and innovative. Thus through their communication skills they will be able to bring in more innovation and creative ideas into the business
AN+: With the help of this business will be able to run it's operation in much better ways; cost effectiely.

OR (YOU HAVE TO READ THIS SIR TO MAKE SURE IF IT'S CORRECT)
KN: Public will be satisfied with the business
AN: Bcoz of Public won't have any complaints against business and government won't have to get involed in charging higher taxes from the business for disrupting the society
AN+: Better brand image created and now business can easily take loans from the bank or government.
Malik Adeesa
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Re: 13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]

Post by Malik Adeesa »

[KN]:Social enterprises can appear transparent, responsive, and compassionate to customers.
[AN]:The positive results of business activities can be tangible and visible to local markets ,for example, funding community or environmental projects.
[AN]:brand image prospers ,which increases consumer base and loyalty.
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