social-impact

Vocabulary Word

Definition

'Social-impact' reflects the positive or negative effect of an activity on the well-being of a community. It can involve matters like health, education, or even the environment.

Examples in Different Contexts

In non-profit organizations, social impact assesses the effectiveness of their programs in creating positive change. A non-profit director might state, 'Our annual reports highlight the social impact of our initiatives on education and health in underserved communities.'

Practice Scenarios

Business

Scenario:

We're exploring ways to better integrate our business into the community. Ideas on how we might do that?

Response:

We could enhance our social impact by sourcing materials locally. This would not only support local businesses but also reduce our carbon footprint.

Tech

Scenario:

Our latest app concept has potential for educational purposes. How could we use it to support disadvantaged groups?

Response:

To increase our social impact, we can add features to our app that cater to those with learning disabilities.