What factors contribute to the growth of Facebook-based women entrepreneurship in Bangladesh?5 answersFactors contributing to the growth of Facebook-based women entrepreneurship in Bangladesh include social barriers, family restrictions, insufficient labor, and the impact of COVID-19 on online markets. Additionally, obstacles like social and cultural barriers, family obligations, and hostile administrative environments hinder women's entrepreneurship in Bangladesh. On the positive side, factors such as entrepreneurial orientation, networking, opportunity identification, economic factors, and socio-cultural factors have been found to positively affect women's entrepreneurial performance in the country. The rise of Facebook-oriented social commerce (F-commerce) among young individuals, especially during the pandemic, has further fueled the growth of online businesses, including those led by women in Bangladesh.
How social enterprises affect the economic development?4 answersSocial enterprises play a crucial role in economic development by addressing social problems and finding innovative solutions. They contribute to the achievement of sustainable development goals by introducing economic and social solutions to issues such as poverty, environmental protection, and human rights. Social entrepreneurship combines non-profit goals with the ability to make a profit, making it a unique form of business that focuses on both social and economic impact. These enterprises operate in situations where the state is unable to solve social and ecological problems, and they target marginalized and vulnerable groups. By adopting innovative business models and offering products and services that generate social and economic value, social enterprises provide entrepreneurial answers to social needs and contribute to the social and economic development of society.
What the relationship between social enterprise and non profit organisation ?5 answersSocial enterprise refers to organizations that pursue both profit and non-profit objectives, combining market-oriented practices with a social mission. Non-profit organizations, on the other hand, focus solely on social objectives without profit-making. Social enterprises aim to address social and ecological issues while maintaining a mix of market- and mission-oriented practices. The concept of social enterprise has gained attention from private businesses, non-profit organizations, and public sector stakeholders, leading to interest in measuring social mission-related outcomes. However, there is little clarity on how to measure these outcomes due to the blurring of cross-sector principles. Social enterprises are seen as a comprehensive institutional institution with dual characteristics of social and for-profit, providing services to society more efficiently than non-profit organizations. Social enterprises can emerge from different parts of the economy and are categorized into models such as social-cooperative, entrepreneurial non-profit, and social-business. Social enterprises aim to balance social and financial objectives, avoiding the rigidity of both for-profit and non-profit forms, and the selection of managers and workers motivated by the organization's mission is crucial.
What is Social Enterprise?4 answersSocial enterprise is an innovative phenomenon where entrepreneurial problems are solved through the cooperation of individuals. It is a business organization that applies market-based strategies to achieve social purposes, rather than solely maximizing shareholder value. Social enterprises aim to offer economically sustainable business solutions to social problems. These organizations have two goals: the social objective they seek to attain and the sale of products or services. Social enterprises are private organizations that carry out commercial activities to pursue social, environmental, and economic objectives. They are established through social capital and are led by individuals who identify loopholes in the existing market system and work towards resolving complex problems. Social enterprises play a crucial role in bringing the market system back into balance and serving both the economy and the social system.
How does social enterprise create change?5 answersSocial enterprise creates change by combining elements of private-sector and not-for-profit strategies and organizations, allowing them to build efficient and effective business models to drive positive social change. Social enterprises tackle complex challenges such as poverty, social exclusion, and environmental problems in innovative ways while achieving financial self-sustainability through market-based revenue generation. The engagement of the higher education sector is vital for the success of social enterprise, as it enables the development of new areas of empowerment in local communities. Social enterprises can create social value by internalizing externalities, exploiting complementarities with commercial activities, and providing better prices or quality to disadvantaged customers. They can also reduce the need for philanthropic support and contribute to inclusive and sustainable growth. However, social enterprise as a change strategy may also face challenges that need to be mitigated for its effective implementation.
Why bangladesh is an important setting for NGO?3 answersBangladesh is an important setting for NGOs due to several reasons. Firstly, Bangladesh is one of the top thirteen underprivileged countries with a high population density and limited resources. Secondly, NGOs in Bangladesh have been playing an increasingly important role in the nation's development process since the late seventies. They have been involved in poverty alleviation, gender-sensitive issues, education, and health, contributing to the socioeconomic conditions of the country. Additionally, NGOs like BRAC have been instrumental in poverty eradication and public service delivery, diminishing the government's power. The inefficiency of the government in providing goods and services has led to the proliferation of NGOs in Bangladesh, gaining worldwide reputation and attention. Finally, Bangladesh serves as a laboratory for development research, with research findings influencing future projects and policy-making.