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 ________.

Question

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A social enterprise is a business that seeks to achieve social objectives while also making a profit. In this case, the company's mandate to reduce worldwide illiteracy is a social objective, and profits are distributed between shareholders and literacy programs. Non-profit enterprises do not distribute profits to shareholders, and social ventures and social entrepreneurs typically focus solely on social objectives without necessarily generating profits. Corporate sponsorship is a type of marketing or advertising activity and does not necessarily involve a commitment to achieving social objectives.

Jane Works for a Company That Considers Its Mandate to Reduce