Nobody downloaded yet

Social Entrepreneurship - Essay Example

Comments (0) Cite this document
Summary
Share our strength has been extremely successful raising over $200 Million through volunteer-led events, because marketing campaigns and more. In addition to raising $200 Million and funding the work of hundreds of the most effective anti-hunger organizations, Share Our Strength raises awareness about hunger and its impact on the lives of children and families through our national campaigns…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Social Entrepreneurship
Read TextPreview

Extract of sample "Social Entrepreneurship"

Download file to see previous pages For example in monotheistic business environment, a business is more likely to be favored in terms of business performance since it can manipulate market forces to its advantage. Share our Strength's faces great competition from competitors and has only succeeded in that, it has continually applied strategic measures in all its important decisions.
Share our Strength's performance has been termed as sterling by many business analysts. The chain of businesses has recorded an after taxes profit of above $1 million. By applying concepts like vendor managed inventories as well as just-in-time concept, Share our Strength's has continued to maintain leadership in the wines and foods market in the US Share our Strength's, endeavors to remain a low-cost retailer, and by that it has been very effective in maintaining market attractiveness. By all means, Share our Strength's has achieved low cost retail prices something which has contributed to client faithfulness. This is core in terms of ensuring that, by utilizing this strategy, Share our Strength's is able to save extra costs associated with poor planning. By keeping products and services as low as practically possible, Share our Strength's can afford to lower prices since there are less expenditures. In long term this contributes to industry attractiveness.
The other area in which the company has achieved competitive advantage is in terms of adapting information systems. By choosing to be a low cost producer the organization has set out to be a market leader. In terms of incorporating information technology, Share our Strength's has computerized its purchasing systems to incorporate E-purchasing. As purchasing strategy e-purchasing is economical, reliable and cost effective.
Compared to a competitor who does not recognize the e-business concept, Share our Strength's has been able to save a lot by embracing e-business as a marketing strategy as well as incorporating ebusiness in its internal and external processes.
In the case of Share our strength, competitive advantage is also dependent on how company utilizes and takes advantage of buyer power at its disposal, the threat of substitutes, supplier power, ease of entry as well as the intensity of intra-industry activity and convert all of those factors to its advantage. By integrating IT through out the whole retail chain Share our Strength's ensures that, its partners are free and feel respected and therefore trade is done in an environment of cordial relationships.
Share our Strength's principal functions and activities include; purchasing, distribution ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Social Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Social Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 words. Retrieved from https://studentshare.org/miscellaneous/1528848-social-entrepreneurship
(Social Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 Words)
Social Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 Words. https://studentshare.org/miscellaneous/1528848-social-entrepreneurship.
“Social Entrepreneurship Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/miscellaneous/1528848-social-entrepreneurship.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Social Entrepreneurship

Social Entrepreneurship

...Social Entrepreneurship Pearl Entrepreneurs are diverse, found in every culture, race, ethni gender, sexual orientation, physical ability and age." (Susan Davis, Ashoka Foundation) This definition of entrepreneurship is striking in its sweep and accuracy. The world is a complex agglomeration of nations, which are in various stages of development. On one end of the spectrum, we find fully developed and prosperous nations of the Western world and at the other end, poverty stricken third world countries. The significant difference between these two extremes is the level of organized efforts to promote business entrepreneurship. The more developed a nation is, the better...
5 Pages(1250 words)Essay

Social entrepreneurship

...Social Entrepreneurship One of the key points that I found enlightening in the discussion on Social Entrepreneurship is the notion that it has distinctive characteristics from the conventional business-oriented entrepreneurial organization. This is particularly important for me because of the different ways in which the entrepreneurs from both camps measure their success. For instance, the traditional entrepreneur would use profit as a benchmark of his success while the social entrepreneur counts on his impact or the change that he has made in the society as the yardstick of his toils. While this aspect may seem obvious, the distinction interests me...
4 Pages(1000 words)Essay

Social Entrepreneurship

...Social Entrepreneurship Table of Contents Introduction Definition of Social Entrepreneurship Social entrepreneurship and its implications Impact of social entrepreneurship in UK Perception of social entrepreneurship in US Conclusion Introduction Business refers to any activity that is aimed at providing goods and services to others in lieu of profits. The growth of an economy is dependent on the growth of business activities within the community. A thriving business environment forms the base of a thriving economy. In order to be successful, entrepreneurs need to tap potential or existing consumer needs and allocate resources to meet these requirements. This is a common perception for any kind of business activity or organizations... ....
16 Pages(4000 words)Essay

Social Entrepreneurship

...In the society today, having a social impact in determining social problems and innovating ways of solving these problems is of utmost importance. This leads to the discussion concerning social entrepreneurship. Social entrepreneurship is defined as the concerted efforts geared towards: systematically indentifying people with practical models and innovative ideas with major impacts in the society; describing their respective roles and advocating for their work in the society; and developing support systems to enable an organization to achieve intended social impact in the market (Bornstein & Davis, 2010). Therefore, as...
3 Pages(750 words)Essay

Social Entrepreneurship

...Social Entrepreneurship ID Number & Total Number of Words: 149 Social enterprises aredefined as “organizations seeking business solutions to social problems” (Thompson & Doherty, 2006). In general, there are differences between the U.S. social entrepreneurship and UK social entrepreneurship. For instance, in the case of the U.S., social entrepreneurship is commonly practiced by private business organizations by establishing a close working relationship with other non-profit organizations (Hulgard, 2010, p. 10). To establish social...
1 Pages(250 words)Essay

Social Entrepreneurship

...Essay Outline Research question: Why is Social Entrepreneurship better than charity to solve social problems? I. Introduction Hook: Love and doing business are one and the same. Connecting information (Show me how the hook is connected to Thesis): Social entrepreneurship, unlike charity, is a combination of philanthropy and business or for-profit goals. Thesis statement: In order to better solve social problems, we should go beyond the concepts of charity and social responsibility, to a solution that focuses on the diversity of our values, the complexity of our social problems, and a...
1 Pages(250 words)Essay

Social Entrepreneurship in the UK

...Topic: SOCIAL ENTREPRENEURSHIP 25th November UK social enterprises have played a significant role of creating employment for more than 800,000 people. However, the expansion of the social enterprises is hindered by the financial problems. For example, 2011 report by the Social Enterprise UK (SEUK) indicates that the public sector, the major beneficiaries of the social enterprises only contributes 19 percent to the total revenue of the social enterprises (Andrew, 2012). Even though large banks such as Barclays, HSBC, RBS and Lloyds have significantly financed the social enterprises, the impact of middle...
1 Pages(250 words)Essay

Social Entrepreneurship

...Social entrepreneurship: a case study of Unity Trust bank in Birmingham Introduction Unity Trust Bank Plc provides customised banking services to charities and trade unions in the United Kingdom. The vision of the bank is to become the bank of choice for the trade unions and social economy organizations (Paton, 2003 p. 23). The organisation is headquartered in Birmingham. Individual federations and trade unions currently own over 70 percent of the shareholding. Unity Trust Bank is a social enterprise based bank that has won several awards as the best Charity Finance organisation in the United Kingdom (Price, 2009 p. 51). Social enterprises mainly address...
9 Pages(2250 words)Essay

Social Entrepreneurship

...September 30, Social Entrepreneurship Introduction Social entrepreneurship prioritizes the welfare of society. One of the main objectives of the social entrepreneurship company is to allocate funds and individuals to help improve the lives of the community (Yunu 108). The social entrepreneur organizations help solve societal problems, delivering social value to the community. The same entities offer different services to society. Social entrepreneurship centers on apportioning both time and resources to developing the community’s social...
1 Pages(250 words)Essay

Social entrepreneurship

...Social entrepreneurship Lecturer’s Background of the entrepreneurship Social entrepreneurs are individuals who undertake projects with an aim of helping the society. They do not focus on business making profits rather; their main goal is to serve the social benefit (Bloom & Chatterji 2009, 117). The essay describes Jamie Olivier a celebrity chef social entrepreneur who takes ex-convicts in the society to train them to be productive society members in the future. During the early years of the 19th century, the idea of cooking as a career path for the young people who were unemployed struck him. This entailed the children who had dropped...
6 Pages(1500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Social Entrepreneurship for FREE!

Contact Us