Summary: Strategies And Stakeholders - Week 3 Efb Mcm

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PLEASE KNOW!!! There are just 80 flashcards and notes available for this material. This summary might not be complete. Please search similar or other summaries.

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  • 1 Introduction

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  • How are social enterprises different from nonprofits?

    Social enterprises operate like a for-profit business by acquiring funds through the sale of products/services to the public, whereas a nonprofit ususally gains funds through fundraising efforts.
  • 2 Mair, 2020

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  • What is, according to Mair (2020) the definition of social entrepreneurship?

    Social enterprises address social problems by means of markets.
  • What is understood about the goals of social enterprises?

    They are commonly understood as having dual - commercial and social - goals at the same time.
  • 2.1 Trends

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  • What are general trends within Social Entrepreneurship?

    Increasing in number and influential in policy discourses (written or spoken communication) about solutions to social and environmental problems, fitting well with a broader neoliberal trend of market-based approaches.
  • What does the approach of Mair (2020) focus on?

    Mair advocates a contextual approach: 1,045 social enterprises in 9 countries. One size and form does not fit all! 
  • 2.1.1 Findings

  • What is meant when is said: One size does not fit all!?

    Social enterprises across but also within countries differed considerably in terms of revenues and numbers of employees.
  • 2.2 Legal Form as Choice

  • For the different countries that were surveyed again "one size does not fit all" for legal forms, what was found?

    A variety of legal forms are used and they are not bound by the legal form that they choose.
  • Legal form is neither a uniform nor defining characteristic of social enterprises, but what do they strongly influence?

    The nature of the organisations.
  • What are the two key legal forms that were used? And what was used by 13% of the organizations?

    Non-profit forms and for-profit forms. 13% chose a dual arrangement, combining legal forms within and across nonprofit and for-profit legal statuses.
  • 2.3.1 Financing Social Enterprises

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  • What are, according to the lecture and article, the four funding sources?

    1. Fees and sales of products and services - 57% of  total financing
    2. Grants - 26% of total financing
    3. Donations
    4. Investments
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