Green Entrepreneurship Flashcards
(44 cards)
The capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit
Entrepreneurship
the activity of consciously addressing environmental and/or social problem/need through the realization of entrepreneurial ideas with a high level of risk, which has a net positive
effect on the natural environment and at the same time is financially
sustainable
Green Entrepreneurship
someone who starts and runs an entrepreneurial venture that is designed to be green in its products and processes from the very moment it is set up
Green Entrepreneur
What are the Resemblances of Green Entrepeneurship and Entrepreneurship?
*Both have business goals, business plans, etc.
*Both are looking for profit
True or False
The green entrepreneurs have environmental and social goals into their core business, these goals are the reason their business exists, not just a side effect
True
Ture or False
Education of the consumer not towards the specifics of the green products/services
False
True or False
Environmental values are part of the company values
True
True or False
Green entrepreneurship can be (always) associated with higher costs
False
True or False
Financial profit is a goal insofar as it helps sustain the business so that it can go on fulfilling its social goals and bringing benefits to the environment
False
is the use of the techniques by start up
companies and other entrepreneurs to develop, fund and implement solutions to social, cultural, or environmental issues
Social Entrepreneurship
What are Resemblance of Green Entrepreneurship and Social Entreprenuership?
-both are talking about solving environmental AND social problems
-both are very new domains and definitions are still being debated.
It is the process of starting and growing a for profit business to impact social issues positively
Social Entrepreneurship
recognizing the social problems and achieving a social change by employing entrepreneurial
principles, processes and operations
Social Entrepreneurship
The person who coined the term “social entrepreneur,”
Bill Drayton
However, social entrepreneurs often measure their success based on a triple bottom line:
social, environmental, and economical.
The business’s ability to create positive change, and its impact on
social issues.
Social
Social enterprises need to turn a profit to continue to operate and
grow.
Econimic
The business’s environmental impact and carbon footprint.
Environmental
Whos said this quote “The life purpose of the true social entrepreneur is to change the world.”
Bill Dryaton
According to the______ Foundation for Social Entrepreneurship,
social entrepreneurs share several characteristics.
Schwab
What are the social entrepreneurs share several characteristics:
Achieve large scale social change.
*Focus on the social or ecological change they want to make while earning
money to support the change.
*Innovate when looking for a solution to a social problem.
*Use feedback to adapt and refine.
What are The Process of Social Entrepreneurship?
- Find an opportunity
- Develop a business concept
- Figure out what success means and how to measure it
- Acquire the right resources
- Launch and grow
- Attain goals
What challenge do you badly want to solve?
-Reduce poverty and Social exclusion
-Achieve universal primary education
-Promote gender equality and empoer women
-Reduce child mortality
-Improve maternity health
-Combat HIV/AIDS and tuberculosis
- Ensure environmental sustainability
-Partnership for development
is an outline of how a company plans to make money
with its product and customer base in a specific market. At its core, a
Business Model
