Social dilemma

A situation in which actions taken independently by individuals in pursuit of their own private objectives result in an outcome […]

Social enterprise

Social mission driven businesses, with social and/or environmental aims, that use market-based strategies to achieve their goals. Social enterprises can […]

Social insurance

Expenditure by the government, financed by taxation, which provides protection against various economic risks (for example, loss of income due […]

Social interactions

Situations in which the actions taken by each person affect other people’s outcomes as well as their own.

Social norm

An understanding that is common to most members of a society about what people should do in a given situation […]

Social preferences

Preferences that place a value on what happens to other people, even if it results in lower payoffs for the […]

Soft sell

A weak technique intended to push a buyer into considering action. Such methods are often long term in nature and […]

Software

Programs that run on computers. Programs tell the computer what to do in a step-by-step fashion.

Software as a service

A system of software sales. A vendor hosts a software package on his servers and allows customers to use it […]

Sole proprietorship

This is perhaps the most simplest method chosen when it comes to starting a business. The term refers to an […]