Question

IN 250 WORDS OR MORE

Evaluate the role of a social entrepreneur

Answer 1

The social entrepreneurs have their role in various aspects. Here are some roles for same.

• The social entrepreneurs are called as a changing agent of the society. They do not aim to earn only money but to change the society with their entrepreneurship skills. They create the new business enterprises which benefit the society as a whole. This benefits both the entrepreneurs as well as the society. These benefits for society are the creation of jobs, improving the environment, improving the medical healthcares etc.

• Another role toward the society they have is that they play the role of government to solve the societical problems. They are alternative government for the society.

• The social entrepreneurs create a mission for the society to create a sustainable social value.

The role of a social entrepreneur can be categorized in 3 parts.

• Leadership of society
• strategic organizational management
• personal leadership

• Many social entrepreneurs reduce the cost of their products so that the poor can use them. This changes the competition scenario of the business. And it forces the other companies top reduce their cost.

• They have the roles and responsibility for the continuous innovation just because for job creation, Cost reduction for a societal change and getting the profit from this only.

• The act brilliantly without being restricted by the resources which they have with them.

• They continuous recognize new opportunities to serve their mission.