The Power of Entrepreneurship in Creating Positive Social Change
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
The Power of Entrepreneurship in Creating Positive Social Change
Entrepreneurship is a powerful tool for creating positive social change. Entrepreneurs are individuals who take on the risk of starting and running a business with the goal of making a profit. However, they also have the ability to create positive social change through their businesses. In this essay, I will explore the power of entrepreneurship in creating positive social change.
One of the key ways in which entrepreneurship can create positive social change is by addressing social problems. Entrepreneurs have the ability to identify social problems and develop innovative solutions to address them. For example, Muhammad Yunus, the founder of Grameen Bank, identified the problem of poverty in Bangladesh and developed the concept of microfinance to provide small loans to poor people to start their own businesses. This not only helped people escape poverty but also created employment opportunities and stimulated economic growth in the region.
Another way in which entrepreneurship can create positive social change is by creating job opportunities. Entrepreneurial ventures are often small and nimble, allowing them to respond quickly to market opportunities and create jobs in areas where there may be few employment options. This is particularly important in developing countries where unemployment rates are often high. By creating job opportunities, entrepreneurs can help to reduce poverty and improve the standard of living for individuals and families.
Entrepreneurship can also have a positive impact on the environment. Many entrepreneurs are developing sustainable business models that prioritize environmental responsibility. For example, the founder of Tesla, Elon Musk, is using his entrepreneurial skills to create electric vehicles and renewable energy solutions. By creating sustainable products and services, entrepreneurs can help to reduce the negative impact of business on the environment and contribute to a more sustainable future.
In addition to addressing social problems, creating jobs, and promoting sustainability, entrepreneurship can also promote innovation and creativity. Entrepreneurs are often driven by a desire to solve problems and create new products or services. This drive can lead to innovation and the development of new technologies, products, and business models that can have a positive impact on society. For example, the development of ride-sharing services such as Uber and Lyft has revolutionized the way people get around in cities, reducing the number of cars on the road and improving transportation options for people without access to private cars.
Entrepreneurship can also promote social inclusion and diversity. Many entrepreneurs come from marginalized or underrepresented communities and use their businesses as a platform to create opportunities for others from similar backgrounds. For example, many women entrepreneurs are developing businesses that prioritize gender equality and empower women. By promoting diversity and social inclusion, entrepreneurs can help to create a more equitable society.
Finally, entrepreneurship can have a positive impact on communities. Entrepreneurs often create businesses that are embedded in their local communities, providing goods and services that are tailored to the needs of the community. By doing so, they can help to revitalize local economies, create a sense of community pride and ownership, and promote social cohesion.
In conclusion, entrepreneurship is a powerful tool for creating positive social change. Entrepreneurs have the ability to identify social problems, create jobs, promote sustainability, promote innovation and creativity, promote social inclusion and diversity, and have a positive impact on communities. As such, entrepreneurship should be supported and encouraged as a means of creating a better world.
The Power of Entrepreneurship in Creating Positive Social Change
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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