Reflection Paper On Social Business
“Book Inspiration for the Aspiring Social Entrepreneur”
A Reflection Paper on Building Social Business by Dr. Muhammad Yunus
Muhammad Yunus is the founder of Grameen Bank and a Nobel Peace Prize winner for his works to fighting world poverty. He advocates an economy that embraces humanity as a pool of positive potential and his book, Building Social Business clearly explains and inspires the readers to start up a social business not on self-interest but the willingness to help our poor brothers and sisters.
So what is a social business and why start up a social business in the first place? Even I myself often ask before entering the Social Entrepreneurship course and after hearing the word “social business”. In this book by Dr. Muhammad Yunus, he defines the true essence and purpose of social businesses. He tells us that a social business is a whole new kind of business different from the two usual types of businesses we see today, profit-maximizing and non-profit businesses. “A social business is outside the profit-seeking world.” It is solving a problem by using business methods such as the production and trade of goods or services. A social business does not only address poverty but also the protection of our environment. An example of a social business would be the joint venture of Grameen and Group Danone to create a yogurt fortified with micro-nutrients to decrease malnutrition for the children of Bangladesh. The yogurt is produced with solar and bio gas energy and
Why Is Company Q Socially Responsible
1495 Words | 6 PagesIn this paper, I am going to discuss and explain my opinions on why company Q is or is not socially responsible. Company Q recently closed a couple of stores in high crime areas. Company Q also started offering very limited health conscious and organic products. The local food bank has contacted Company Q requesting day old food for donations. Company Q has declined the donation request due to possible fraud by its employees and has started throwing the food away.
Dbq Essay On Companies Are Changing The World
736 Words | 3 PagesCompanies such as Apple have made a big impact on the world and our lives. Apple has affect our lives by changing the way we do things, for example, we started listening to music differently in 2010. Google also has an impact on our lives also, like the way use our emails which happen around 2009. General Electric provides electric and it has a big impact on how we use appliances.
Sociological Perspectives Paper
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Milton Friedman's Argumentative Analysis
568 Words | 3 PagesMilton Friedman’s quote on “there is one and only one social responsibility of business---to use its resources and engage in activities designed to increase its profits” can actually be seen in different perspectives. Company can also be socially responsible by contributing towards the community through what they do best: excelling in economic terms (Brusseau, 2012). When corporations are making profits, most of it gets sent back into the economy and everyone benefits. Jobs are created, and those that already exist get some added security. More successful corporations mean the increase of the country’s economy, which in turn lead to a social benefit for the society that offers better living conditions.
Candian Tire Corporate Social Responsibility
488 Words | 2 PagesModern day businesses have to be socially responsible; actions are taken to satisfy customers who might have a cause that they care deeply. Social responsibility occurs when a person or a company acts in an ethical and sensitive way towards important social issues of the day such as economic, environmental, and cultural concerns. Many businesses have a section of their website or business literature dedicated to social responsibility. Companies proudly detail the steps they are taking to address concerns that people have with the environment and economic issues. Having companies act in a socially responsible way is necessary because their actions have a tremendous positive impact on society.
How Is Chipotle A Socially Responsible
1072 Words | 5 PagesCase Study: Chipotle 1. Is Chipotle a socially responsible organization? Social responsibility is defined as “proactive behaviors for the benefit of society,” and that is what the Chipotle Corporation is all about (Neck, sec 6.3). Currently, food corporations have no legal obligation to go above and beyond to serve the society as a whole; it is understood that maximizing profits – in any way possible - is the number one priority. However, as today’s society slowly becomes more health conscious, many fast food corporations are gradually switching from a defensive approach (where responsibility is recognized, but only the minimum is done), to a more proactive approach that involves finding solutions to problems that are putting our society
Social Analysis Proposal Paper
900 Words | 4 PagesSocial Analysis Proposal Copyright Should the government allow digital publishers to place locks on their content (mp3s, etc). Huai Chen Qinghuan Deng Young Keun Lee Yuk Lun Tang Global Citizenship and Equity GNED 500 Professor: Milan Jelenic, PhD October 22, 2015 1 - What is the social problem/issue that you will be researching (your topic)?
Copy Shop Social Commentary Essay
840 Words | 4 PagesSocial commentary is the use of a medium by the composer to address a social concern with the aim of promoting change. Social commentary critically examines a variety of issues present in the composer’s world, and also demonstrates the composer’s perspective on these issues. This can be effectively seen in the short films Copy Shop (2001), directed by Virgil Widrich, and L’Homme sans Tête (2003), directed by Juan Solanas. Widrich and Solanas each provide commentaries which criticise society through exploration of social issues. Widrich comments on the homogeneity of an increasingly conformist society.
Tuckman's Four Factors Of Non-Profit Business
297 Words | 2 PagesBesides, social impact is the reason for being of social enterprises; however, profit can occur, but it can’t
Wal-Mart: Social Sustainability And Social Responsibility
1475 Words | 6 PagesSOCIAL RESPONSIBILITY As we defined above that social responsibility is to protect and enhance well-being of living things. Every organization is socially responsible to protect the environment and they can do there much which is legally required for the organizations. The very first social responsibility of every business is that to earn enough profit to meet his expenses. If the firm cannot earn profit no social need and social responsibility can be met by the firm the firm fails.
May El Khalila Burohi Analysis
541 Words | 3 Pages“A strong woman knows she has strength enough for the journey, but a woman of strength knows it is in the journey where she will become strong.” These two women May El-Khalil and Khalida Brohi are very strong women that has been on a journey to find peace/make peace in their country. They have endured plenty of challenges within their journey, which has made them stronger. Through it all they kept pushing and reaching levels that no one believed they could reach. These two women both want peace just in different ways.
Civic Responsibility And Social Responsibility
725 Words | 3 PagesBeing socially responsible is the idea that businesses should balance profit-making activities with activities that balance benefit society; it involves developing businesses with a positive relationship to the society which they operate. Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty but the actions of an individual must benefit the whole of society. Social and civic responsibility should be an automatic thing that should come to people’s minds when trying to improve society. The main concept of social responsibility is that every individual, has to perform so as to maintain a balance between the economy and the ecosystems.
Walmart Corporate Social Responsibility Study
3018 Words | 13 PagesTherefore, there is a great deal of overlap between those who engage in philanthropic model for reputational reasons and those who follow the economic view of business' social
Social Work Experience Essay
732 Words | 3 Pages3 experiences In this assignment, I will be explaining about three experiences and with a brief description of how I plan to integrate each with my overall themes. I will be thinking in terms of my core values, of why do I think those experiences strike a chord with me. What about these experiences makes you want to hold onto the lessons you have learned through them and take them with you into life? My thesis is through doing a 450-hour senior level practicum at Noah’s Ark and building relationships with others in Uganda, I have begun to solidify what I am most passionate about in Social Work: advocating for vulnerable children.
Reflective Essay On Social Work
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