Social enterprise
Terminology

Muhammad Yunus, founder of the Grameen Bank, believes that a social enterprise should be modelled exclusively to achieve a social goal. Another view is that social enterprises should not be motivated by profit motives, but rather that profit motives should be secondary to the primary social goal. A second definition provided by The Social Enterprise Alliance (SEA) defines a social enterprise as an organisation that uses business methods to execute its social or environmental mission. According to this definition, the social enterprise's social mission is to help the disadvantaged, which is executed by directly providing goods or services (not money). Additionally, earned revenue must be the main source of income for the organisation or venture. A third definition is purely based on how the organisation is legally structured or formed as a legal entity. In this context, a social enterprise is a legal entity that, through its entity choice, chooses to forgo a profit motive. A fourth definition asserts that a social enterprise consists of a community of dedicated individuals that are continuously thinking about social impact and, as a result, employ business and management techniques to approach social causes.
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