SOCIAL RESPONSIBILITY OF PROFIT ORGANIZATIONS

Анотація

Millions of social enterprises spread all over the world include new strategies, ideas, and principles that aim to solve the urgent needs of society or prevent typical problems of society (poverty, addictive behavior, uneven distribution of capital, protection of human rights, reduction of environmental degradation, the struggle for civil rights of minorities, etc.). They can no longer wait for action from governments, corporations, etc. Social entrepreneurship is an essential topic for every country because such a business will help solve all the problems that have arisen and are arising in the territories of states. The main difference from a regular business is that profit generation, and distribution is not an end in itself or the primary goal for social entrepreneurship. The activity of a social entrepreneur consists in recognizing a situation when a part of society is limited in its development and eliminating the corresponding restrictions. A social enterprise differs from other enterprises in that, for the former, the social effect is a direct targeted result, not a by-product of the activity. In contrast, social entrepreneurship is an innovative approach through which individuals can solve serious social problems facing their community. The article identifies essential aspects of the development and functioning of the field of social entrepreneurship through the analysis of the activities of successful social enterprises in the world and Ukraine. Enterprises that are socially responsible and promote better living standards have been studied. During the fight against COVID-19, companies that are engaged in helping others and reducing the economic consequences of the global pandemic have been analyzed. Social enterprise is aimed at creating social and economic benefits. With the help of social enterprises, they try to solve problems in those sectors of society and the economy that are not covered by the state or other enterprises and that are not paid enough attention due to the lack of funds, knowledge, skills, or the lack of prospects for obtaining significant economic benefits.

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