What is the seventh principle of social businesses?Group of answer choicesEliminate greed.Advocate for the disabled.Teach others the model.Do it with joy.
Question
What is the seventh principle of social businesses?
Group of answer choices
- Eliminate greed.
- Advocate for the disabled.
- Teach others the model.
- Do it with joy.
Solution
The seventh principle of social businesses, according to Muhammad Yunus, the founder of the social business concept, is "Do it with joy." This principle emphasizes the importance of maintaining a positive and joyful approach in the operations and activities of a social business. It suggests that while the mission of a social business is to solve social problems and create social value, the work should not only focus on profits but also on the happiness and fulfillment of everyone involved, including employees, customers, and the communities being served.
It encourages the belief that work in social businesses should be engaging and uplifting, reinforcing the idea that joy and passion in one’s work can lead to greater creativity, productivity, and a more sustainable impact on society. This perspective aligns with the overarching goals of social enterprises to create a more compassionate and supportive world.
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