The peculiarities of inclusive business development under globalization
Journal Title: Globalization and Business - Year 2017, Vol 3, Issue 3
Abstract
Inclusive business is an emerging field in Georgia. For inclusive business successful samples and sharing information (as on national level as on international level) are necessary. inclusive business models include people with low incomes on the demand side as clients and consumers, and on the supply side as employees, producers and entrepreneurs at various points in the value chain. They build bridges between business and people with low incomes, for mutual benefit. The benefits from inclusive business models go beyond immediate profits and higher incomes. For business, they include winning new consumers, expanding the workforce, and strengthening supply and delivery chains. And for people with low incomes, they include meeting basic needs, having sustainable earnings, and achieving higher productivity. In addition, the models can be designed in a way that uses environmental resources sustainably.
Authors and Affiliations
SHOTA SHABURISHVILI
Keywords
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