After reading Chapters 1 2 and 3 of our text watch the video

After reading Chapters 1, 2, and 3 of our text, watch the video Michael Porter: Why business can be good at solving social problems. Post 1) what you garnered from the video 2) what social problem you feel business can solve at home or abroad and how this could be accomplished and 3) two peer responses.

https://www.youtube.com/watch?v=0iIh5YYDR2o&feature=youtu.be

Solution

1. Business creates all resources when it makes a profit. That profit is the magic.It can solve social problems.

2. The conditional wisdom is that a business makes a profit by creating a social problem. But personal experience shows that business profits from solving social problems. Fundamental opportunity for business to make an impact in resolving social issues. Addressing a social issue with a business model is known as creating a shared value.

3. Peers:

Organizations like DOPAMACO producing hearty health oils

CISCO imparting computer technical training for 4 million of people.

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3.