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Please answer the following questions with a minimum of 350 words. Include a total of 3 or more references. Please do not add a cover sheet or reference page. The references should follow the particular question. The case study has been attached and can be found on pages 449-455.
(1) In a narrative format discuss some of the problems Belle Meade faced as a traditional nonprofit? Why is it important for nonprofit organizations to apply business principles since they do not earn profit?
(2) Explain how social entrepreneurship works and why it was so effective for Belle Meade Plantation.
(3) As a member of Belle Meade’s strategic planning group, what are some ways you might look into expanding the organization’s social enterprise?