An organisation whose primary aim is social. Social enterprises can make a profit.

An organisation whose primary aim is social. Social enterprises can make a profit.

• A. Co-Operatives
• B. Franchise
• C. Market Research
• D. Social Enterprise

Answer: (D)

A social enterprise is defined by aiming to achieve social, environmental, or community goals while still making a profit to fund those activities. That combination—a clear social purpose with the ability to generate and reinvest profits—is what sets it apart. Co-operatives are owned by members and focus on benefits for those members, though they can be profitable; they’re defined more by member control than a primary social mission. A franchise is a way to operate a business under a brand and is about expansion and profit, not specifically social aims. Market research is simply a service activity, not an organisation type with a social mission. So the description points to a social enterprise.

A social enterprise is defined by aiming to achieve social, environmental, or community goals while still making a profit to fund those activities. That combination—a clear social purpose with the ability to generate and reinvest profits—is what sets it apart. Co-operatives are owned by members and focus on benefits for those members, though they can be profitable; they’re defined more by member control than a primary social mission. A franchise is a way to operate a business under a brand and is about expansion and profit, not specifically social aims. Market research is simply a service activity, not an organisation type with a social mission. So the description points to a social enterprise.