Jane works for a company that considers its mandate to reduce worldwide illiteracy.Profits are distributed between shareholders and literacy programs.This business is a:
A)corporate sponsor.
B)social venture.
C)non-profit enterprise.
D)social enterprise.
E)social foundation.

Question

Quizplus · Accepted Answer

A social enterprise is a type of business that prioritizes a social or environmental purpose over generating profit, and this is exactly what Jane's company is doing. They are using profits to support literacy programs, which shows that they are driven by a social mission rather than just maximizing shareholder earnings. They are also different from non-profit enterprises because they are still generating profits, which are being used to further their social mission rather than being distributed to shareholders as the primary focus.

Jane Works for a Company That Considers Its Mandate to Reduce