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Social Entrepreneurship
Social Entrepreneurship
7
Business
Undergraduate 1
11/15/2023

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Term
Impact Investing
Definition
Investing in companies, organizations, or funds with the intention of generating measurable social or environmental impact alongside a financial return.
Term
Triple Bottom Line
Definition
A business approach that considers three dimensions of performance—economic, social, and environmental—measuring success not only by profit but also by its impact on people and the planet.
Term
Sustainable Development
Definition
The practice of meeting current needs without compromising the ability of future generations to meet their own needs, often applied in social entrepreneurship to ensure long-term positive impact.
Term
Corporate Social Responsibility (CSR)
Definition
A business practice that involves initiatives to assess and take responsibility for a company's effects on social and environmental wellbeing.
Term
Social Innovation
Definition
The development and implementation of new ideas, products, or services with the primary goal of addressing social issues and creating positive societal change.
Term
Social Impact Assessment
Definition
The process of systematically analyzing and evaluating the social effects of a business or project, measuring its contribution to positive social change.
Term
Ethical Sourcing
Definition
The practice of ensuring that products or services are produced and delivered in a manner that aligns with ethical and socially responsible standards, often addressing issues such as fair labor practices and environmental sustainability.
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