100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Social Entrepreneurship Exam Complete Answers $9.99   Add to cart

Exam (elaborations)

Social Entrepreneurship Exam Complete Answers

 4 views  0 purchase
  • Course
  • Social Entrepreneurship Exm Complete
  • Institution
  • Social Entrepreneurship Exm Complete

Social Entrepreneurship Exam Complete Answers social entrepreneurship ️the application of methods and techniques used by start-ups and other entrepreneurial ventures to the solution of often complex cultural, economic, environmental, or other social problems The Met- how do they get reven...

[Show more]

Preview 3 out of 17  pages

  • September 25, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Social Entrepreneurship Exm Complete
  • Social Entrepreneurship Exm Complete
avatar-seller
CertifiedGrades
Social Entrepreneurship Exam Complete Answers
social entrepreneurship ✔️the application of methods and techniques used by start-ups and other
entrepreneurial ventures

to the solution of often complex cultural, economic, environmental, or other social problems



The Met- how do they get revenue ✔️Admissions and membership fees- $48 million

City subsidies- $12 million

Shops- > $200 million

Restaurants

Parking



The Red Cross, budget over $3 billion - how do they get that revenue ✔️The largest source is fees for
products and services Blood processing and distribution (not blood, itself) Courses and training Etc.



enterprising nonprofits ✔️a form of social entrepreneurship where both the venture mission and the
market impact are for social purposes



Enterprising nonprofits distribute _______ ✔️dividends to shareholders as long as social outcomes are
being met.



Nonprofits are increasingly _________ ✔️Seeking additional revenue in business-like ways

Commercializing their core programs



Why are nonprofits increasingly Seeking additional revenue in business-like ways and commercializing
their core programs ✔️Belief in market mechanisms (business just works...)

Avoiding creating dependency

Seeking financial sustainability (reliability of funding)

Funding sources are shifting (capital vs. operating $)

Competitive forces (e.g., healthcare, education)

,increased market approached risks ✔️Organizational drift (away from original mission) YMCA,
Newman's Own?

Building a successful business is not easy! Most new businesses fail (perils of newness & smallness)

Lack of skills, experience, credibility

Conflicting cultures E.g., social work vs. micro-loans and repayment demand

Community role conflicts Do people want to donate their time to companies?



the social enterprise spectrum ✔️purely philanthropic, hybrid, purely commercial



the social enterprise spectrum- purely philanthropic ✔️motives, methods, goals: appeal to goodwill,
mission driven, social value



beneficiaries: pay nothing



capital: donations and grants



workforces: volunteers



suppliers: make in kind donations



the social enterprise spectrum- hybrid ✔️motives, methods, and goals: mixed motives, mission and
market driven, social and economic value



beneficiaries: subsidized rates or mix of full payers and those who pay nothing



capital: below market capital or mix of donations and market rate capital



workforces: below market wages, or mix of volunteers and fully paid staff

, Suppliers: special discounts, or mix of in kind and full price donations



the social enterprise spectrum- purely commercial ✔️motives, methods, goals: appeal to self interest,
market driven, economic value



beneficiaries: market rate prices



capital: market rate capital



workforces: market rate compensation




suppliers: market rate prices



Potential Revenue Sources ✔️Earned Income from Intended Beneficiaries

-Issues with beneficiary knowledge, financial ability to pay

-How to address non-human beneficiaries?

- Mission conflicts (Amnesty Int'l, Red Cross disaster relief)



Earned Income from Third Parties with a Vested Interest

-GauteSalud, US healthcare providers and Medicaid

-Hospital Emergency Rooms



Earned Income from Others

-Advertising

-Co-branding (cf., AMA - Sunbeam)

-Products/Services



possible financial objectives ✔️Full Philanthropic Support

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller CertifiedGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart