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Social Venture Idea
Look up a social venture that already exists. In a word document, create a 1 page written report ( min 400 words) on the company. In the report cover
A summary of the Social Venture Idea
What you like about the company
Tie something you learned about the company to something you have learned from this class. ( any of the concepts from your textbook)
4 Identify what challenges you think this company faces, or will face.
Include a reference page for the content you researched in APA format: Example below
https://www.scribbr.com/apa-examples/website/
Full Answer Section
What I like about the company
I like TOMS Shoes for a number of reasons. First, I think it is a great example of a social enterprise that is doing good in the world. TOMS Shoes is not just a for-profit company that is trying to make money. It is a company that is also committed to making a difference in the lives of others.
Second, I like the simplicity of TOMS Shoes' business model. The company sells shoes and eyewear, and for every pair that is sold, a pair is donated to a child in need. This is a simple but effective way to make a difference in the world.
Third, I like the way that TOMS Shoes has been able to scale its impact. The company has donated over 80 million pairs of shoes to children in need in over 70 countries. This is a significant impact, and it is only possible because TOMS Shoes has been able to scale its operations.
Conclusion
I think TOMS Shoes is a great example of a social enterprise that is doing good in the world. The company has a simple but effective business model, and it has been able to scale its impact to reach millions of children in need. I am glad that TOMS Shoes exists, and I hope that it continues to make a difference in the world.
In addition to the above, here are some other things that I like about TOMS Shoes:
The company is transparent about its impact. TOMS Shoes publishes annual reports that detail how many shoes and eyewear it has donated. The company also allows customers to track the impact of their purchases.
The company is committed to sustainability. TOMS Shoes uses recycled materials in its shoes and eyewear. The company also offsets the carbon emissions associated with its operations.
The company is committed to giving back to its employees. TOMS Shoes offers its employees a variety of benefits, including paid time off, health insurance, and a 401(k) plan. The company also encourages its employees to volunteer their time to charitable organizations.
Overall, I think TOMS Shoes is a great example of a social enterprise that is doing good in the world. The company has a simple but effective business model, it has been able to scale its impact, and it is committed to sustainability and giving back to its employees.
Sample Answer
Social Venture Idea
TOMS Shoes is a social enterprise that sells shoes and eyewear with a mission to "One for One". This means that for every pair of shoes or eyewear that is sold, TOMS donates a pair to a child in need. TOMS Shoes was founded in 2006 by Blake Mycoskie, who was inspired by a trip to Argentina where he saw children walking barefoot. TOMS Shoes has since donated over 80 million pairs of shoes to children in need in over 70 countries.