Distinguish between a Social Enterprise and a Government Business Enterprise. 3 marks
Hey!
The most important thing to remember when you're answering a question like this is that you need to start with definitions of both of the terms. This will provide you a mark or two as well, so then you don't need to talk about as many differences!
A question that is asking you to 'distinguish' between two terms is asking you to solely concentrate on the differences, no need to discuss the similarities between the two.
Some key differences between a government business enterprise and a social enterprise are:
- A social enterprise exists to provide a service to the community that is normally of a charitable nature, whereas a government business enterprise exists to provide a governmental service to the community (e.g. the Red Cross compared to VCAA).
- The money that is earned by a social enterprise will always go back INTO that social enterprise (profit does not go to the owners) whereas in a government business enterprise, the money earned will go back into the government, and therefore not necessarily straight back into that particular GBE.
Hope this helps! Let me know if you have any further questions - and, remember, definitions are important