Economics B A-Level
Social enterprise
What Social enterprise means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Social enterprise
Check what you remember
Read the wording for your board, then hide it and explain Social enterprise in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
A business that aims to maximise social or environmental impact, using commercial strategies to fund its objectives and reinvesting profits into the social mission rather than distributing them to owners.
Topics that use Social enterprise
- Entrepreneurial motives (Pearson Edexcel A-Level)
Related terms
Using Social enterprise in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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