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2 years ago

How are business entrepreneurs and social entrepreneurs different?

2 answers:

8 0

Business entrepreneurs risk their own money to try make a profit. The company does not necessarily create a product to solve a social problem.

Social entrepreneurs often have borrowed capital to solve a social problem. They don't necessarily have to make a profit. Their focus is to solve a social problem, such as pollution, poverty, or crime.

julia-pushkina [17]2 years ago

5 0

Both approaches fulfill a need in the market and aim to earn a sustainable profit. The main difference is that social entrepreneurship focuses beyond simply generating a profit, and measures its performance on the positive impact the business makes on society – whether social, cultural or environmental.

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She has decided to use some of her profits to open a furniture store specializing in furniture made from sustainably sourced woo

marissa [1.9K]

This is an example of market development growth.

<h3>What is market development?</h3>

Market segmentation for existing products is identified and developed as part of a growth plan.
A development plan focuses on non-buying clients in the segments that are already targeted.
Additionally, it aims to reach fresh markets of clients.

<h3>What is custom?</h3>

A custom is a long-standing behavior of an individual or group (such as a daily routine) (such as a cultural practice).
When used as an adjective, custom designates something created to specific requirements, especially something distinctive.
Custom-made is a synonym for it.

<h3>What is market penetration?</h3>

When a product or service is successfully sold in a particular market, this is referred to as market penetration.
The sales volume of an existing good or service in relation to the overall target market for that good or service is used to measure it.

<h3>What is product development?</h3>

New product development in business and engineering refers to the entire process of launching a brand-new product, updating an already-available product, or launching a product in a new market.
Product design, along with many commercial factors, is a key component of NPD.

<h3>What is diversification?</h3>

Diversification in finance refers to the process of allocating capital in a way that limits exposure to any one specific asset or risk.
Investing in a variety of assets can help lower risk or volatility, which is a frequent step towards diversification.

Therefore, this is an example of market development growth.

Know more about markets here:

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6 0

1 year ago

When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t

blsea [12.9K]

Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products.

5 0

3 years ago

Carrigan has just launched his new business. He has great plans for expansion later but for now, the most appropriate and effect

rewona [7]

Answer:

one product strategy

Explanation:

Based on the information provided within the question it can be said that the best strategy in this situation would be a one product strategy. This is a business strategy in which the company focuses on a single flagship product and making it sell as much as possible before diversifying into other products. This prevents the company from being overwhelmed with various products and instead allows them to focus and one and grow the product as well as the company.

3 0

2 years ago

Why do we need to suffer from taxes

scoray [572]

Answer: In addition to paying the salaries of government workers, your tax dollars also help to support common resources, such as police and firefighters. Taxes fund public libraries and parks. Taxes are also used to fund many types of government programs that help the poor and less fortunate, as well as many schools! Taxes are important to federal, state, and local governments. They are the primary source of revenue for the corresponding level of government and fund the activities of the governmental entity.

Explanation:

3 0

2 years ago

Read 2 more answers

What is a production possibility curve

d1i1m1o1n [39]

Hey I think A production–possibility frontier or production possibility curve is a curve which shows various combinations of set of two goods which can be produced with the given resources and technology where the given resources are fully and efficiently utilised per unit time

8 0

2 years ago