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"Building Social Business" by Muhammad Yunus. An Essay

Title: "Building Social Business" by Muhammad Yunus. An Essay

Essay , 2016 , 14 Pages

Autor:in: Christopher Mills (Author)

Business economics - Company formation, Business Plans
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Summary Excerpt Details

Yunus in his book, "Building Social Business", dedicates the nine short chapters of the book to explaining the meaning of a social business in the current world. Many scholars have characterized it way before Yunus did. However, Yunus still thinks of a social business as just another form of monetary association that connects an ecological, social, and even moral, ecological target with a business. He also provides a guide in relation to how the new businesses can expand and even develop in different dimensions and also thrive in the business world.

In the real sense, I discovered much to appreciate in the book as far as Yunus arguments are put into consideration. The essay aims at analyzing the book "Building Social Business" by majorly focusing on his ideas on social business, strategies, and the experiences provided in the book

Excerpt


Inhaltsverzeichnis (Table of Contents)

  • Building Social Business
    • Introduction
    • The Idea of Social Business
    • Social Business Model
    • Investing in Social Business
    • The Grameen Experience
    • Creating Social Business
    • Social Business for the Future
    • Conclusion

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This book outlines the concept of "social business" as a model for addressing social issues and achieving sustainable economic development. It explores how this innovative business model can be applied to a variety of challenges, including poverty, hunger, pollution, and healthcare disparities.

  • The concept of social business and its distinction from traditional business models.
  • Strategies for creating and managing successful social businesses.
  • The role of social business in addressing social problems and promoting sustainable development.
  • Examples and case studies of successful social businesses.
  • The potential of social business to create positive social impact and economic opportunities.

Zusammenfassung der Kapitel (Chapter Summaries)

  • Introduction: This chapter introduces the concept of social business and its potential to create positive social change. It contrasts traditional business models focused on profit maximization with social business models that prioritize social impact.
  • The Idea of Social Business: This chapter delves deeper into the principles and values behind social business. It emphasizes the need for social businesses to be self-sustaining and generate revenue to address specific social issues.
  • Social Business Model: This chapter outlines the key elements of a successful social business model. It discusses factors such as market analysis, product development, financial sustainability, and governance.
  • Investing in Social Business: This chapter explores different investment strategies for social businesses. It discusses the role of impact investors, government support, and philanthropic contributions.
  • The Grameen Experience: This chapter shares the story of Grameen Bank, a pioneering social business founded by Muhammad Yunus. It highlights the bank's impact in alleviating poverty and empowering women in Bangladesh.
  • Creating Social Business: This chapter provides practical advice for individuals and organizations interested in launching social businesses. It covers steps such as identifying a social problem, developing a business plan, and securing funding.
  • Social Business for the Future: This chapter explores the potential of social business to address global challenges and create a more equitable and sustainable world. It emphasizes the role of innovation, collaboration, and collective action.

Schlüsselwörter (Keywords)

Social business, poverty alleviation, sustainable development, social impact, entrepreneurship, microfinance, Grameen Bank, impact investing, social innovation, philanthropy.

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Details

Title
"Building Social Business" by Muhammad Yunus. An Essay
College
American International University-Bangladesh
Course
Psychology
Author
Christopher Mills (Author)
Publication Year
2016
Pages
14
Catalog Number
V337270
ISBN (eBook)
9783668268357
ISBN (Book)
9783668268364
Language
English
Tags
social business Muhammad Yunus building social business business strategies business experiences
Product Safety
GRIN Publishing GmbH
Quote paper
Christopher Mills (Author), 2016, "Building Social Business" by Muhammad Yunus. An Essay, Munich, GRIN Verlag, https://www.grin.com/document/337270
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