Glossary:
30. Green and Social Entrepreneurship Business Modeling
| Term | Definition |
|---|---|
Beneficiary | A public or private body responsible for initiating or both initiating and implementing an operation. |
Business idea | A concept that can be used for commercial purposes, typically involving a product or service that can be sold for profit. |
Business model canvas | Strategic management tool that provides a visual chart with elements describing a company's value proposition, infrastructure, customers, and finances, facilitating an organized approach to developing or documenting business models. |
Business modeling | A description of how a business or organization plans to generate revenue. |
Design Thinking | A problem-solving method that uses empathy for user needs, iterative prototyping, and testing to create innovative solutions. |
Green business | A way of doing business that protects the natural environment. |
Social canvas | Describes the way the company creates, delivers and captures value in the social field. |
Social Entrepreneurship | Managing or establishing a social enterprise, an organization that aims to earn profits to achieve a social goal. |
Social innovation | Refers to new strategies, concepts, ideas, and organizations that meet social needs of all kinds. |
Substantiation | The act of showing something to be true, or of supporting a claim with facts. |
