Social Entrepreneurship, a Key Driver to Improve the Quality of Life: The Case of TOMS Company

Abstract

Due to rapid evolution of new technologies and the accelerated economic and social change, many organizations have realized in recent years that in order to survive in this turbulent and competitive global environment it is necessary to take into account the needs and expectations of their stakeholders, as well as to make the labour relationships more flexible and to adopt a socially responsible behaviour. Social enterprises may be the solution as they represent a business model adapted to the 21st century, which through their activity create a balance between economic, financial, cultural, social and environmental needs.