(M) Chapter 4: Social Entrepreneurship Flashcards
(21 cards)
Two concepts under Ecopreneurship
Environmental Entrepreneurship
Green Capitalism
Refers to environmental entrepreneurship with entrepreneurial action contributing to preserving the natural environment, including the Earth, biodiversity, and ecosystems
Ecopreneruship
Ecopreneurship (Key steps)
Seek newer methods of production and recycling
Eliminate the concept of waste
Ecopreneurship (Key steps)
Encourage consumer involvement in making companies accountable
Restore accountability
Ecopreneurship (Key steps)
Reconstruct the system to incorporate a “green fee” where taces are added to energy, raw materials, and services to encourage conservation
Make prices reflect costs
Ecopreneurship (Key steps)
Continue researching the needed compatibility of our ever-evolving products and inventions
Promote diversity
Ecopreneurship (Key steps)
Rather than demanding “low prices” to encourage production shortcuts, allow new posts for environmental stewardship
Make conservation profitable
Ecopreneurship (Key steps)
Develop a plan for trading nation of sustainable development enforced by tariffs
Insist on accountability of nations
An approach to creating economic value that also
creates value for society by addressing its needs and challenges
Shared Value and the Triple Bottom Line
It connects company success with social progress
Shared Value and the Triple Bottom Line
Shared Value and the Triple Bottom Line connects ________ with _________
company success with social progress
It goes beyond social responsibility or sustainability, transforming business thinking.
Shared Value and the Triple Bottom Line
Bottom-Line Measures
This deal with the bottom line and income flows such as income, expenditures, taxes, business climate factors, employees, and business diversity factors
Economic measures
Bottom-Line Measures
Related to the bottom line and income flows
Economic performance measures
Bottom-Line Measures:
Related to natural resources and their viabilities
Environmental Performance Measures
Bottom-Line Measures:
Refer to social dimension of an enterprise or region
Social Performance Measures
Bottom-Line Measures:
Include:
* Personal income
* Cost of underemployment
* Establishment sizes
* Job growth
* Employment distribution by sector
* Percentage of firms in each sector
* Revenue by sector contributing to gross state product
Economic
Bottom-Line Measures:
Related to natural resources and reflect potential influences to its viability
Environmental
Bottom-Line Measures:
- Hazardous chemical concentrations
- Selected priority pollutants
- Electricity consumption
- Solid waste management
- Hazardous waste management
- Change in land use/land cover
Environmental
Bottom-Line Measures:
Refer to social dimensions of a community or region such as education, social resources, health and well-being, and quality of life
Social
Bottom-Line Measures:
Include:
* Unemployment rate
* Median household income
* Relative poverty
* Percentage of population with a post-secondary degree or certificate
* Average commute time
* Violent crimes per capita
* Health-adjusted life expectancy
Social
