Impact maximization

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    synergy and essentially create a 2+2=5 Effect. The surpluses generated by the social enterprises make BRAC more self-sustaining so that increasing numbers of poor people can become self-reliant. Cross Collaboration BRAC enterprises maximize synergy, impact and value by their targeted outreach and integrative products and services across multiple enterprises. Cross Subsidy Although BRAC enterprises aim for financial returns while fulfilling the social and environmental missions, not all enterprises

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    entrepreneurship is establishing new and effective ways to address societal problems. Irrespective the method they adopt and the way they function, ultimately the thing that matters the most is the social value that they create. It is all about innovation and impact, and not about commercial success or entrepreneurship. Though income strategies and bottom line are important and key to sustainability, it can never be more important than the desired or intended social

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    Social Entrepreneurship

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    Rose Spiegel Rationale 5.7.13 Everyone describes social entrepreneurship differently. While many have been able to describe the traits and features of a social entrepreneur there doesn’t seem at all to be a consensus about the definition of what constitutes the field of social entrepreneurship. Susan Davis and David Bornstein in their book, Social Entrepreneurship: What Everyone Needs to Know define social entrepreneurship as “a process by which citizens build or transform institutions to advance

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    entrepreneurship was everywhere and everyone wanted to be one. The key to sustainable capitalism is reasonable profits as opposed to maximizing profits. In the current system, a segment of society is trying to maximize profits without concern for the impact on the well being of the society as a whole, while another segment of social organizations have to deal with the fall out. The system is not working. If it does good in some areas it also does bad in others. The example of Toms one for one shoe program

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    One of the most important steps in the fight against poverty around the world is the creation of jobs. The most competitive and successful in this direction is the social entrepreneurship. The task of the social enterprises is to contribute to the solving of the social problems and promoting of the people 's livelihood. Social enterprises provide jobs for hundreds of thousands of people in the various fields: food production, marketing, credit, insurance, and transportation. The social enterprises

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    However, maximization of profit is far too broad a definition of what is likely to be beneficial to shareholders. 2.1 Why is profit maximisation not the best operational goal? Emery and Finnerty (1997) posit three important reasons why profit maximization is not the best operational goal. First, profit maximization is vague. Profit has many different definitions. Do we mean accounting profits (based on book values)

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    more unit, per time period” and MC means “(Marginal Cost) this is the extra cost of producing one more per time period” stated in Sloman, Hinde and Garratt (2013, pp.134 and 150). Now that we understand what MR and MC means we move onto profit maximization. It is the main goal of all commercial firms to make profits in addition to that they would want to find out at which point total profit is maximized. The formula to calculate profit is; Total revenue - Total Cost (TR - TC) below is a diagram illustrating

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    Profit Maximisation

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    Is Profit Maximisation always the major objective of a firm? The production of goods and services in our economy today takes place within organisations, whether in the centrally planned economy or free market economy. Any firm within these societies all have the same tendencies to acquire a successful business. Attaining this succession through mission statements, goals and objectives is simultaneous through all businesses. Changes in these objectives can have forcible effects on the decisions

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    The Decision For A Company

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    The decision for a company to merge with another company, especially a rival firm, can be both rewarding and challenging at times. In an effort to ensure that businesses do not attempt to merge with an intention to deceit, the Federal Trade Commission was established. The Federal Trade Commission (FTC) defined as an “independent federal agency whose main goals are to protect consumers and to ensure a strong competitive market by enforcing a variety of consumer protection and antitrust laws” (Investopedia

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    charge of the firm, the evolutionary theory that doesn’t rely on managers but instead they expect the markets to secure maximization of profit in which according to it the market selects the winner. The processual theory is like the evolutionary in being skeptic about rational economic man being in charge but still not too confident about the markets securing the profit maximization in which it takes a very different view of human nature, and the last theory we are going to

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