Wealth concentration: an item imputation of poverty and analogous study on social business hybrid modeling and contingent method of using geometrical analysis in social business
AuthorNur, Tahmid Tawsif
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To address an issue like Wealth Concentration, ensuring the sustainable development goals (SDG) like zero poverty requires a simplified model which is easy to implement and replicate all over the world. Different models such as NGO, Social Enterprise, Social Business, Not for profit organizations etc. has been emerged in recent years to create a poverty free world. All these models has different strengths and weaknesses but without a doubt these models are accommodating new ways and ideas only to reach one goal and that is to eradicate poverty from its’ very root. However, in terms of efficacy not all the models are succeeding and in fact it’s just the opposite for few cases. Above all the models, the social business model established by Professor Muhammad Yunus is very distinct from the rest which associates with seven principles. It’s high time to measure the effectiveness of this model and signifies a compare and contrast chart with hybrid modeling and their essence of solving social problems associates with MDG and SDG. So to understand the strength of social business to bring changes in social issues, and a new measure of using geometrical analytical tool to form a 3D modeling of Social Business is the primary outcome of this study. This research study will provide a bird eye view of different social businesses and new form of geometrical modeling with a view to reaching sustainability and prospect of merger between large corporations and social business to address social issues.