Social Business * Tahmid Md. Istiaq Arman Social Business was first defined by Nobel Peace Prize winner Prof. Muhammad Yunus‚ as a non-dividend company that is created to address and solve a social problem. In a social business‚ the investors/owners can gradually recoup the money invested‚ but cannot take any dividend beyond that point. The purpose of the investment is purely to achieve one or more social objectives through the operation of the
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PRESENTS SOCIAL BUSINESS PLAN COMPETITION 2013 Dear Social Business Enthusiasts‚ Yunus Centre is proud to announce the launch of the 4th Annual Social Business Plan Competition 2013. This competition is designed for university level students to showcase their entrepreneurial skills and creativity to generate solutions for pressing social problems in a business way-the Social Business way! As Professor MuhammadYunus points out‚ today’s generation of young people are more aware of social problems
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BULDING SOCIAL BUSINESS Social business is a non-loss and non-dividend company dedicated entirely to achieve a social goal. Muhammad Yunus‚ a Bangladeshi banker. Economist‚ founder of Grameen bank and Nobel Peace Prize recipient explains in his book what social business is and how it can help the development of our communities. Yunus‚ previously was a professor of economics where he developed the idea and concepts of micro-credit and micro-finance. In the early seventies‚ Bangladesh was in a terrible
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Grameen Danone Grameen Danone Foods‚ popularly known as "Grameen Danone" is a social business enterprise which‚ launched in 2006‚ has been designed to provide children with many of the key nutrients that are typically missing from their diet in rural Bangladesh. This is run on ’No loss‚ No dividend basis. During his visit to Paris‚ France‚ in 2005‚ Professor Muhammad Yunus‚ the founder of Grameen Bank was invited by Franck Riboud‚ the chief executive officer of Groupe Danone (known as Dannon
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Introduction To Social Business Social business is a cause-driven business. In a social business‚ the investors/owners can gradually recoup the money invested‚ but cannot take any dividend beyond that point. Purpose of the investment is purely to achieve one or more social objectives through the operation of the company‚ no personal gain is desired by the investors. The company must cover all costs and make profit‚ at the same time achieve the social objective‚ such as‚ healthcare for the poor‚
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Constraints That Impact on Implementation. Businesses in general need to take into account that there are a number of constraints that may impact on the implementation of their business plan. Business law exists to ensure that firms can engage in lawful activity without impediment‚ and to restrain unlawful activity by that or any other firm. Constraints that impact on the implementation of a business plan are categorised into six areas. These are: • Legal. • Financial. • Social. • Environmental
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WHAT IS SOCIAL ENTREPRENEURSHIP? * Creating business models revolving around low-cost products and services * Social entrepreneurship is the process of bringing about social change on a major scale * Social enterprises can be structured as a for-profit or non-profit HISTORY OF SOCIAL ENTREPRENEURSHIP * The Social Enterprise movement first emerged in 1840s * In Rochdale‚ a workers’ co-operative was set up to provide high quality affordable food in response to factory conditions
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Social entrepreneurship refers to the practice of combining innovation‚ resourcefulness and opportunity to address critical social and environmental challenges. Social entrepreneurs focus on transforming systems and practices that are the root causes of poverty‚ marginalization‚ environmental deterioration and accompanying loss of human dignity. In so doing‚ they may set up for-profit or not-for-profit organizations‚ and in either case‚ their primary objective is to create sustainable systems change
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ENTREPRENEURSHIP WITH SOCIAL DEVELOPMENT PRINTHYA.R
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BBOP COURSE SCHEDULE SESSION 1 – INTRODUCTION Module: Social Enterprise Session 2 Grupo Elektra Materials Grupo Elektra (CASE) "Serving the World’s Poor‚ Profitably" (READING) Materials Ancora: A Private University in the Health Care of the Poor (CASE) Module: Social Enterprise Session 3 Ancora: A Private University in the Health Care of the Poor Session 4 Narayana Hrudayalaya Heart Hospital: Cardiac Care for the Poor Module: Social Enterprise Materials Narayana Hrudayalaya Heart Hospital
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