MGMT 1000 Study Guide - Midterm Guide: The Bookstore, Social Entrepreneurship, Social Business
6 Jul 2016
School
Department
Course
Professor
Document Summary
Social entrepreneurship panel: marc soberano ashoka canada. Money and peace/love aren"t on opposite sides; you can combine the two in business to change the world. Ashoka finds people developing business models that are economically viable and solve a social problem; working to bring it toronto. Currently trying to make low income individuals install energy efficient structures, so they can help themselves + be eco-friendly + economically beneficial: steve glassman director, bookstore & printing services. Vicious loop: textbook $ goes up students don"t buy textbook $ goes up so suppliers can keep their profits high; proof = number of post-secondary enrollments has gone up but number of textbooks sold are decreasing. The bookstore become a social enterprise and addressed the social issue of increasing textbook costs by introducing ebooks. By making the transition from paper to electronic, the bookstore kept in mind their triple bottom line approach in being more environmentally friendly.
