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The Definition of Social Entrepreneurship

Social entrepreneurship has many significant roles for the society that serves the community, solves any problem that may face, and grows positive impacts for a better civilization. The primary purpose of social entrepreneurs is to secure funds from fundraisers in their local communities. An entrepreneur decides to take all the responsibilities and solve social issues. They aim to provide good services to have a better society. What characterizes a good entrepreneur is having leadership skills and a clear vision to make the proper decisions.

How does social entrepreneurship represent agency in a highly networked global capitalist economy?

Social entrepreneurship represents agency in a high-network global, capitalist economy by producing new outgrowths and marvelous terms of use and conditions by increasing productiveness and competition. They activate employment which eventually helps in economic development. In social entrepreneurship, action comprehends both agency and expediency. Entrepreneurship epitomizes agency by accumulating economic growth, advertising alteration and research evolution, and enhancing actual enterprises.

When faced with so-called ‘progressive business’, stay skeptical

It was an interesting article that made me more skeptical about this. It conveys helpful and valuable information about a business's role and that a company might fulfill more' sustainable environmental' and 'climate policies.' Companies have a more outstanding social function than simply filling the pockets of their owners or investors. Businesses must have a crucial part in development and poverty alleviation that play a critical role in accomplishing these aims, which connect partners. The article mentions the classical creed, "the belief in competition, individualism, hard work, private property, meritocracy, limited government, and free market" (O'Christiansen). Throughout the classical perspective, the shareholders are the endeavors; in contrast to the management view, they are a different group with stokes and obligations on the company. Another significant point that the article mentions is that the public good is for the private interest, and stakeholders(owners) are for the shareholders.

Source: https://aeon.co/ideas/when-faced-with-so-called-progressive-business-stay-skeptical

The North Face

This case study will be a group research by Vaterson, Klaudia, and Betsega. After we discussed what we would talk about, we decided to study the outdoor products company, The North Face. For those who might not know, The North Face is controlled by the VF Corporations. It started with a couple, Douglas Tompkins and his wife, Susie Tompkins. They were very fond of climbing themselves, so they decided to open a retail store selling climbing equipment. That is why The North Face logo is also a mountain named Half Dome, located in Yosemite National Park. After a few years, they decided to come up with their outerwear line. Today The North Face is one of the biggest companies in the world, and they have a broader line, including bags, gear, trail jackets, mountain equipment and accessories, shoes, outdoor clothing, etc. The main reason we decided to base our research on this company is because of its environmental advocacy. It is an excellent opportunity for us to talk about how environmentally friendly it is and what it does to protect it. The North Face led the outdoor industry in using recycled nylon and other fabrics. It is an excellent opportunity for the environment and a significant step in the world; however, being eco-friendly comes with its own problems. The North Face company is seen In the market as one of the most expensive companies, especially when it comes to outdoor clothing. This would have to be the biggest weakness of The North Face because they target more prosperous people in society. We will discuss with one another and analyze this problem in more depth. We will provide solutions to create more affordable prices while still trying to keep the same quality and not damaging the environment.