Here's a detailed list of vocabulary related to social entrepreneurship for the IELTS band score 4.5-6.0:
Social Entrepreneurship:
Business approach that aims to solve social or environmental issues while generating revenue.
Social Enterprise:
Business organization with a social or environmental mission.
Impact:
The positive effect or influence of a social enterprise on society.
Social Innovation:
New ideas or solutions that address social challenges.
Sustainability:
Ability to maintain and continue social impact over the long term.
Social Impact Assessment:
Evaluation of the social outcomes and effects of a project.
Social Value:
Positive change or benefit created by a social enterprise.
Social Return on Investment (SROI):
Measure of the social impact of an investment.
Empowerment:
Strengthening individuals or communities to take control of their lives.
Community Development:
Process of improving the quality of life in a specific area.
Social Mission:
Core purpose of a social enterprise to create social good.
Triple Bottom Line:
Concept that measures success based on social, environmental, and financial performance.
Inclusivity:
Embracing diversity and ensuring opportunities for all.
Philanthropy:
Act of donating money, time, or resources to social causes.
Social Change:
Efforts to improve society and address social issues.
Collaboration:
Working together with various stakeholders to achieve social goals.
Advocacy:
Public support and promotion of a social cause or policy.
Social Awareness:
Understanding and empathy for social issues.
Social Justice:
Fair and equitable treatment of all individuals in society.
Social Capital:
Networks, relationships, and connections that facilitate social action.
Crowdfunding:
Raising funds from a large number of people for a specific project or cause.
Microfinance:
Providing small loans and financial services to low-income individuals or entrepreneurs.
Volunteerism:
The act of volunteering time and skills for a social cause.
Social Incubator:
Program that supports and nurtures social startups.
Scaling Up:
Expanding the reach and impact of a social enterprise.
Social Problem-solving:
Addressing social challenges with innovative solutions.
Social Awareness Campaign:
Efforts to raise awareness about a particular social issue.
Social Responsibility:
The duty of individuals and organizations to act for the benefit of society.
Empowerment Programs:
Initiatives that empower marginalized individuals or groups.
Social Initiatives:
Projects or programs that aim to create positive social change.
Mission-driven:
Guided by a strong commitment to a social cause.
Inclusive Business:
Business models that include and benefit low-income communities.
Social Impact Investing:
Investing in projects that generate both financial returns and social impact.
Benefit Corporation:
A type of business that is legally required to consider social and environmental impact.
Social Procurement:
Purchasing goods and services from social enterprises to support their mission.
Socially Responsible Business:
Companies that prioritize ethical and sustainable practices.
Social Marketing:
Using marketing strategies to promote social causes.
Social Awareness Campaign:
Efforts to raise awareness about a particular social issue.
Social Network Analysis:
Method to map and analyze social relationships within a community.
Corporate Social Responsibility (CSR):
Initiatives undertaken by companies to be socially accountable.
These vocabulary words are essential for understanding the world of social entrepreneurship, its impact on society, and the language used to discuss its various aspects. Good luck with your IELTS preparation!
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