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13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]
Posted: Mon Oct 30, 2023 11:13 pm
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+]
Re: 13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]
Posted: Wed Nov 01, 2023 9:22 pm
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.
Re: 13 Explain one reason why the owners of a business might decide to establish it as a social enterprise. [3]
Posted: Sat Nov 04, 2023 10:14 pm
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.