The UN’s job is to maintain peace among countries and solve world problems. A social entrepreneur is someone who invents a product or business designed to tackle a social problem and create positive change. The UN cannot solve all world problems on its own. The world needs social entrepreneurs to come up with reliable, cost efficient, and easy methods to solve the billions of problems that occur around the world. For example, the ARC initiative helped educate Ms. Tesfaye in how she could turn her business around and make a greater profit to provide for herself. She learned how to reorganize her business strategy by differentiating her business and attracting a larger market. We need ARC and social enterprise to stregthen the economies of impoverished areas and to educate people on how best to run their business and maximize their profits.
Monthly Archives: November 2014
Uber Attempts to Raise $1 Billion
Different ways to Utilize Snapchat
Oil Falls Fifth Day in Six as OPEC Cuts Demand Outlook
Taxing Sugary Drinks
Berkley, California has voted on taxing sugary drinks by 1 cent per ounce. The tax will be paid by the consumers, forcing them to rethink if they want to pay more for a sugary drink verses a more healthy alternative. This initiative may bring awareness to increasing rates of obesity and diabetes in the states as well as in the rest of the world. As Michael Robert states, other cities may follow Berkley in voting to tax sugary drinks. If that happens, the tax will significantly effect the soda/sugary drink industry because less people will be inclined to buy their product. Could this tax potentially destroy the soda industry, if enough people understand the harms of obesity and begin to change their eating habits? Many companies may have to rethink how to reformulate their product to make it healthier to avoid the tax and loss of consumption. Companies with a more health conscious outlook, such as Whole Foods, may begin to take over the food industry in coming years.