Examples of How

Belief Systems
Affect Business
Practices
 To understand the concept of faith-based
social enterprises

To explore the effectiveness and

sustainability of faith-based social
enterprises
Objectives To identify the differences between faith-
based social enterprises and secular service
providers
To discuss the Catholic perspective on
human life and its impact on business
practices
The Third Sector
The third sector comprises socio-
economic initiatives that operate under
various legal structures.
Faith-Based Social Enterprises
 Faith-based social enterprises are initiatives that draw their impetus
from voluntary organizations and are based on religious values and
principles.
Olasky's Account
 Olasky argues that faith-based
institutions played a crucial role in
meeting the needs of the poor and
destitute in America before the rise of
the welfare state.
Benefits of Faith-Based Social
Enterprises
 Faith-based organizations can offer a more holistic approach to
meeting individuals' needs by providing caring staff and supportive
networks.
The Catholic
Perspective
 Catholic faith-in-action involves
struggling to succeed in business while
serving the community and trying to
live the life of a good Catholic.
Success Factors  Faith-based social enterprises are
effective and sustainable because
they are based on a strong sense of
community and shared values.
Conclusion
• Belief systems have a significant
impact on business practices and can be
harnessed to address social issues and
promote sustainable development.
• Faith-based social enterprises, such as
those in the Philippines, are examples
of successful initiatives that are
effective in fulfilling their social
function while promoting spiritual
growth and development.
THANK YOU