Will social businesses create competition with regular businesses?
Social businesses usually produce things which are not produced by traditional businesses, or it targets areas which are not served by other type of businesses, or the prices for the products are very different than the prices of the products of the profit-making businesses (PMBs) Social businesses encourage the PMBs to new areas of business, discover new businesses. Social businesses can compete with PMBs by offering lower prices. For example, a social business may sell drugs at lower prices than the PMBs. In the market place social businesses will offer additional options to people and strengthen the market.
