Harmonization of Social Enterprise's Purposes of Activities
Journal Title: Бізнес Інформ - Year 2016, Vol 1, Issue
Abstract
Despite an increased activation of social entrepreneurship in recent years, there is a significant range of issues related to social enterprises that still are practically unexplored. Such is, for example, the issue of classification and management of social enterprises. This article proposes an own classification of social enterprises by the degree of financial independence (partially self-sustaining, self-sustaining and profitable), since the vast majority of social enterprises are not financially independent and looking for opportunities to attract funds from charities or corporations, as well as these are oriented towards covering their losses. Specific and at the same time pivotal issue in the management of social enterprise is the duality of purpose, namely, establishing balance between the achievement of its social and its business goals. Therefore, it is suggested to implement the process of harmonization of both social and business goals in accordance with the type of social enterprise.
Authors and Affiliations
Anastasiia Svynchuk
Keywords
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