Social Entrepreneurship Essay Example | Topics and Well Written Essays - 4000 words

Social Entrepreneurship - Essay moralEntrepreneurs are individuals who facilitate the establishment to grow and support the activities of the organization by enabling access to take resources and planning of production and marketing activities. However, b line of productses should not overlook their moral and social obligations to the lodge in which they persist and serve. Government policies and regulations should be directed towards social benefits that prevent misuse of power and wealth, promotes effective resource allocation, and is slavish in reducing the rich-poor divide. The concept of social entrepreneurship is based on the practice of organizations that exist for facilitating society and community benefits. The primary disparity between business entrepreneurs and social entrepreneurs lie in the fact that the former is continuously seeking profits while the latter is driven by the urge to improve the society in which they live. The paper discusses various concepts and theories related to social entrepreneurship and its impact on the business environment. The paper also highlights the unalike perception of the concept in UK and US and its implications.A social enterprise as opposed to business enterprises focuses on reinvesting the earnings for the welfare objectives instead of maximising profits for shareholders and owners. This kind of enterprise is run as non-profit organizations or associations that work for the benefit of the society and are driven by social or environmental objectives. These types of enterprises work in a similar fashion as other profit generating business organization but the earnings of a social enterprise are re-invested into the business for achieving the enterprise objectives. The focus of these enterprises corpse on the community for which they exist and work towards the pre-defined social objectives or mission of the enterprise. A marked difference between a social entrepreneur and a