Question

Describe social entrepreneurship and the costs and opportunities of environmentalism to small businesses.

Describe social entrepreneurship and the costs and opportunities of environmentalism to small businesses.

Homework Answers

Answer #1

Social entrepreneurship has a rooted objective to start a business with a social cause. Entrepreneurs in this kind of business make maximum or optimal use of business opportunities created by environmental issues. A lot of small businessess produce environmental friendly products and contribute to the society. Certain small businesses are impacted by regulations and environmental norms. These firms come up with sustainable, low cost, creative and innovative products that cater to the right set of customers and are environment friendly as well. In this way these businesses can capitalize on opportunities created by environmental issues.

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