Stakeholder engagement in social enterprise: designing a sustainable business model for the ‘Food for Us’ mobile application
- Authors: Tantsi, Idah Thato
- Date: 2022-10
- Subjects: Business planning South Africa , Sustainability South Africa , Mobile apps South Africa , Social responsibility of business South Africa , Social entrepreneurship South Africa , Food for Us (Application software)
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/317141 , vital:59904
- Description: This study aimed to develop a sustainable business model that is cognisant of the fundamental principles of social enterprises that can sustain the operation of the Food for Us mobile application that links farmers with buyers in Eastern and Western Cape, South Africa. The Food for Us mobile application lacks a supporting sustainable social business model to sustain its continued operations, hence the need to develop one. In the study, data was generated qualitatively underpinned by an interpretive paradigm, in three workshops guided by the Delphi method. A stakeholder salience model was applied to identify key stakeholders and their salience. Three key stakeholders, namely users (farmers and buyers), Experts (App developers) and the consortium were identified. The study concluded that developing a sustainable social, innovative business model requires substantive consultation with multiple stakeholders in society. Every stakeholder is important and possesses varying salience, hence stakeholder mapping is an important exercise. The study further concluded that financial sustainability and social inclusion are critical social enterprise elements to consider in the process. The undertaking to enhance financial sustainability opens an understanding on the importance of income streams, the key activities, and value propositions offered by the mobile application. The need to remain socially inclusive brings forth questioning of value propositions, accessibility, user friendliness towards stakeholder diversity and needs. The study offers a solution for the Food for Us mobile application in the form of a prototype which is ready for testing, and if desired results are achieved, this can enhance the much needed continued operations of the mobile application. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2022
- Full Text:
- Date Issued: 2022-10
- Authors: Tantsi, Idah Thato
- Date: 2022-10
- Subjects: Business planning South Africa , Sustainability South Africa , Mobile apps South Africa , Social responsibility of business South Africa , Social entrepreneurship South Africa , Food for Us (Application software)
- Language: English
- Type: Academic theses , Master's theses , text
- Identifier: http://hdl.handle.net/10962/317141 , vital:59904
- Description: This study aimed to develop a sustainable business model that is cognisant of the fundamental principles of social enterprises that can sustain the operation of the Food for Us mobile application that links farmers with buyers in Eastern and Western Cape, South Africa. The Food for Us mobile application lacks a supporting sustainable social business model to sustain its continued operations, hence the need to develop one. In the study, data was generated qualitatively underpinned by an interpretive paradigm, in three workshops guided by the Delphi method. A stakeholder salience model was applied to identify key stakeholders and their salience. Three key stakeholders, namely users (farmers and buyers), Experts (App developers) and the consortium were identified. The study concluded that developing a sustainable social, innovative business model requires substantive consultation with multiple stakeholders in society. Every stakeholder is important and possesses varying salience, hence stakeholder mapping is an important exercise. The study further concluded that financial sustainability and social inclusion are critical social enterprise elements to consider in the process. The undertaking to enhance financial sustainability opens an understanding on the importance of income streams, the key activities, and value propositions offered by the mobile application. The need to remain socially inclusive brings forth questioning of value propositions, accessibility, user friendliness towards stakeholder diversity and needs. The study offers a solution for the Food for Us mobile application in the form of a prototype which is ready for testing, and if desired results are achieved, this can enhance the much needed continued operations of the mobile application. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2022
- Full Text:
- Date Issued: 2022-10
The relationship between business model description and financial performance of selected South African banks
- Authors: Mothabine, Thabe
- Date: 2021-10-29
- Subjects: Banks and banking South Africa , Business planning South Africa , Organizational effectiveness South Africa , Banks and banking Econometric models , Rate of return South Africa , International Integrated Reporting Council , CAMELS (Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity) Rating System model
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10962/191876 , vital:45174
- Description:
The aim of this study was to explore the relationship between South Africa’s top seven bank’s business model description and their financial performance. Research has highlighted that there is a relationship between business models and performance, however, a limited amount of studies have provided empirical evidence to this effect. The study followed a deductive approach by firstly assessing and analysing the components of the banks business model according to the IIRC’s International
Framework, and then comparing the components focus of each bank for every year of this study; followed by an assessment, analyses and evaluation of each banks financial performance using the CAMELS Rating System model. Once these analyses were done for both business model description and financial performance, the study attempted to assess if the banks with the richest business model description yielded the best financial performance. The findings revealed that the banks with the richest business model description were not necessarily the best performing banks, in actual fact, these banks had low ratings for their performance, and the banks with the lowest rating for their business model description had the highest financial performance rating. However, other factors contributed to these ratings, such as some banks had low ratings for their business model description due to their business models not following the Framework. Conversely, for a more detailed and an in depth analysis and to distinguish whether there is a relationship between business model description and financial performance, the study applied correlation coefficient by using the business model description scores and financial performance components scores for each bank for the three years. The results revealed that there was a strong positive correlation between 2017 and 2018, and a weak positive correlation in 2019. This meant that indeed there was a relationship between the business model description and the bank’s financial performance. While the limitations of this study have been acknowledged, the study has contributed to the knowledge of understanding the relationship between business models and financial performance in a South African context. However, further research could be conducted on more banks in order to deduct a broader view on the relationship between business model description and financial performance of South African banks. Moreover, it would be of greater significance to conduct the various analyses over a longer period of time, because with a broader scope of data, for a longer period, more conclusive findings could be possible. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2021 - Full Text:
- Date Issued: 2021-10-29
- Authors: Mothabine, Thabe
- Date: 2021-10-29
- Subjects: Banks and banking South Africa , Business planning South Africa , Organizational effectiveness South Africa , Banks and banking Econometric models , Rate of return South Africa , International Integrated Reporting Council , CAMELS (Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity) Rating System model
- Language: English
- Type: Master's theses , text
- Identifier: http://hdl.handle.net/10962/191876 , vital:45174
- Description:
The aim of this study was to explore the relationship between South Africa’s top seven bank’s business model description and their financial performance. Research has highlighted that there is a relationship between business models and performance, however, a limited amount of studies have provided empirical evidence to this effect. The study followed a deductive approach by firstly assessing and analysing the components of the banks business model according to the IIRC’s International
Framework, and then comparing the components focus of each bank for every year of this study; followed by an assessment, analyses and evaluation of each banks financial performance using the CAMELS Rating System model. Once these analyses were done for both business model description and financial performance, the study attempted to assess if the banks with the richest business model description yielded the best financial performance. The findings revealed that the banks with the richest business model description were not necessarily the best performing banks, in actual fact, these banks had low ratings for their performance, and the banks with the lowest rating for their business model description had the highest financial performance rating. However, other factors contributed to these ratings, such as some banks had low ratings for their business model description due to their business models not following the Framework. Conversely, for a more detailed and an in depth analysis and to distinguish whether there is a relationship between business model description and financial performance, the study applied correlation coefficient by using the business model description scores and financial performance components scores for each bank for the three years. The results revealed that there was a strong positive correlation between 2017 and 2018, and a weak positive correlation in 2019. This meant that indeed there was a relationship between the business model description and the bank’s financial performance. While the limitations of this study have been acknowledged, the study has contributed to the knowledge of understanding the relationship between business models and financial performance in a South African context. However, further research could be conducted on more banks in order to deduct a broader view on the relationship between business model description and financial performance of South African banks. Moreover, it would be of greater significance to conduct the various analyses over a longer period of time, because with a broader scope of data, for a longer period, more conclusive findings could be possible. , Thesis (MBA) -- Faculty of Commerce, Rhodes Business School, 2021 - Full Text:
- Date Issued: 2021-10-29
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