The Role of Social Business Towards Development: Case study of Bangladesh

Abstract

Either making the poor people owner of the business or enjoying the business by serving poor people instead sharing profit, we can put the so called new concept of Social Business in practice as suggested by Noble Laureate in Peace, Professor Dr. Muhammad Yunus. Social Business - a new dimension of business has become a buzzword in the arena of 21st century‗s economy, which stands on seven principles.

This paper attempts to explore the issues of Social Business from different perspectives from the existing literatures. Through a desk research, this paper highlights the concept and importance of Social Business along with the contrast of such business against traditional businesses. The paper also fo