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for profit social enterprises(BM 3#) - Coggle Diagram
for profit social enterprises(BM 3#)
traditional charity
they generate social value
funded by dinations
more on charity
social enetrprises
social purpose
funded by internal and external source
focus on social benefits
traditional business
vision driven
funded by owners
profits are distributed
private sector companies
work in the private sector
social responisble practices
mircrofinance providers:people who provide money for people who are not able to get money as they do not have any terms of finance stability. They are doing a profit making job but also helping people
public sector companies
operate in the commerical background
owned partially by the government
they are set up as legal business and can take part in business activities.
public private partnerships
relationship between private sector and public sector
long term contract between government and business man
the public sector takes care of the employment
advantages of public sector
fewer risk involved
create secure employment opperunities
provides a viable solution for the government
disadvantages of the public sector
the government gives up on quality of living
expensive to operative
more delayed decisions
cooperatives
people that have common issues come together
associate with an organization
found mostly in agricultural areas
shareholders run the cooperative
they provide service and they create value but no profit
advantages of coorperatives
not difficult or expensive
they do not have to pay taxes
they have equal voting rights
disadvantages of coorperatives
hard to attract investors
no finance motivation
not able to hire a range of specialist managers