Social Business(1).pptx in Bangladesh and All over the world
Size: 676.5 KB
Language: en
Added: Sep 11, 2024
Slides: 14 pages
Slide Content
Social Business: An Innovative Approach to Poverty Alleviation Inspired by Dr. Muhammad Yunus Rijbah Uddin Rizbi ID: 18301091 Department of Accounting
Dr. Muhammad Yunus and Grameen Bank Dr. Yunus’s creation of Grameen Bank Introduction of microcredit Empowerment of women through small loans without collateral Concept of social business
Addressing the Gaps Traditional businesses vs. social responsibilities Limitations of charities, CSR, and NGOs Need for a sustainable model balancing financial stability and social impact
Social Business vs. Other Models Social Business: Profit reinvested for social impact NGOs: Non-profit, reliant on donations CSR: Enhances corporate reputation within profit framework Traditional Business: Profit maximization for shareholders
Research Focus Objectives:Analyze Dr. Yunus’s social business principles Assess effectiveness in global challenges Explore case studies
Research Questions Differences from traditional businesses and non-profits? Contribution to sustainable development? Challenges and limitations?
Development Timeline Early Beginnings: Microcredit and Grameen Bank Expansion in Microfinance Introduction and Implementation of Social Business Development of the Yunus Social Business Network
Understanding Social Business Key Characteristics:Social objectives Financial sustainability No dividends Theoretical Framework: Stakeholder Theory Triple Bottom Line Impact Measurement
Methodology: SLR Phases Planning, Conducting, and Reporting Key Points: Planning: Identifying and selecting libraries, developing and evaluating them. Conducting: Searching for themes, selecting and retrieving documents, assessing quality, consolidating data. Reporting: Writing and publishing findings.
Case Studies on Social Business Initiatives Grameen Healthcare and Uniqlo: Healthcare-related functional clothing. Grameen Reebok: Affordable shoes for the poor Grameen Shakti: Renewable energy solutions. Grameen Veolia: Safe drinking water in Bangladesh . Diverse Examples from GrameenKey Cases:
Impact of Social Business Social Impact: Health and well-being, education initiatives . Environmental Sustainability: Sustainable practices, conservation efforts. Community Development: Infrastructure improvement, empowerment programs Economic Empowerment: Job creation, entrepreneurship support. Key Areas of Influence
Challenges and Limitations of Social Funding Issues: Securing investments. Impact Measurement: Difficulty in quantifying social impact Market Competition: Competing with traditional businesses. Balancing Goals: Social vs. financial objectives. Key Obstacles FacedKey Points Regulatory Barriers: Navigating legal constraints.
Conclusion and Future Directions Summary: Integration of social objectives with financial sustainability. Criticisms: Balance inefficiencies, transparency challenges Recommendations: Policy support, awareness, further research Future Directions: Innovative financing, New business models.