Social Business & Sustainable Development Goals

Arman, Nahid

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dc.contributor.author	Arman, Nahid
dc.date.accessioned	2020-11-21T10:30:22Z
dc.date.available	2020-11-21T10:30:22Z
dc.date.issued	2020-02-12
dc.identifier.uri	http://dspace.daffodilvarsity.edu.bd:8080/handle/123456789/5126
dc.description	‘’Social business’’ is works for solve a social problem. Like a business it is also financially sustainable, because all the profits are reinvested to help the business growth of the business. Social business is a new dimension for free market economy. Like other business profit maximization is not the major goal. It just identify the social issue and solve it with its all effort. Where the traditional business are always run for making profit and maximize the wealth. Social business is more sustainable than any other business because in social business there is an intelligent team to make an effective decision. On the other hand the workforce are also skilled and they also get the market competitive wages. Social business finds social issues, create is direct social impact and make a huge change. Charity is not always a good sense to solve the surrounding problems but to invest in social business it starts to make profit and be financially sustainable by reinvest it. After investing in this business by investor then business grown in its own way to serve more people and remove the problem successfully. Nobel laureate professor Dr. Muhammad Yunus was first introduced the concept of social business with the target to remove poverty from the society. Currently Yunus Social Business Center connect social investors with social businesses for very special purpose, to address the worlds most pressing problems such as nutrition, energy, environment, education, health. They do this with their social business incubator funds where local incubator teams are search for and create social business opportunities to help communities in need by developing a business plan, providing world business training and opening doors for useful networks. When this businesses becomes successful, then this businesses have to pays back this initial investment so the same money can be use to solve more social problems. Currently Yunus Social Business Center is working in 11 location in 10 countries to find more social problems and make a great change.	en_US
dc.description.abstract	By making poor people owner of a business or enjoying the business by serving them with product or services without taking any personal profit is the concept of social business which stands on seven principles created by noble laureate Professor Dr. Muhammad Yunus. This study attempts to explore about social business and its possibility toward sustainable development. Today’s civilization is in wrong track. To protect the civilization and make a better world United Nations provided 17 sustainable development goals to fulfill within 2030. Social business created a new dimension and showed an innovative way to achieve these goals by doing business at the same time solving social problems. This study will cover all detailed information social business, how it works, how it generates profit, business model and types of social business, social challenges in Bangladesh, already running social businesses etc. At the same time this report will also cover how social business can help to achieve sustainable economic development by solving these social challenges.	en_US
dc.language.iso	en	en_US
dc.publisher	Daffodil International University	en_US
dc.subject	Online Social Networks in Business	en_US
dc.subject	Sustainable Development	en_US
dc.title	Social Business & Sustainable Development Goals	en_US
dc.type	Other	en_US