FEMSA is turning to social entrepreneurship, to social businesses, because they understand that they will reach their sustainability goals and build stable, healthy communities much faster if they do so. How does a social business do this? According to Nobel Prize winner Muhammad Yunus Grameen Creative Lab, a social business is: - A non-dividend company created to solve a social problem; - Like an NGO, it has a social mission, and like a firm it generates its own revenues to cover costs; and - All profits are reinvested for growth and innovation or to seed new social business ventures. huffingtonpost/aimee-christensen/can-social-business-be-a-_b_6256516.html
Posted on: Wed, 03 Dec 2014 06:08:29 +0000
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