Ethical Entrepreneurship Quiz

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Questions and Answers

What do ethical considerations in the context of entrepreneurship refer to?

  • Taking advantage of suppliers and customers
  • Ignoring the impact on society and the environment
  • Moral principles, values, and standards guiding behavior and decision-making of entrepreneurs and their businesses (correct)
  • Maximizing profits at any cost

What does 'Integrity' in the context of entrepreneurship refer to?

  • Ignoring the impact of decisions on employees
  • Cutting corners to achieve business goals
  • Operating with a strong moral and ethical code, even when it's not the easiest choice (correct)
  • Being dishonest to gain a competitive advantage

What is an example of 'Social Responsibility' in the context of entrepreneurship?

  • Ignoring the impact of business activities on the community
  • Contributing to society's well-being through community support and addressing social issues (correct)
  • Exploiting labor for higher profits
  • Engaging in deceptive marketing practices

What does 'Respect for Intellectual Property' entail for entrepreneurs?

<p>Respecting others' intellectual property rights and protecting one's own (D)</p> Signup and view all the answers

What is a key aspect of 'Ethical Marketing and Advertising' for entrepreneurs?

<p>Avoiding deceptive marketing practices (B)</p> Signup and view all the answers

What is the purpose of sharing engaging and relatable stories of successful entrepreneurs?

<p>To create a personal connection with the audience (C)</p> Signup and view all the answers

What is the goal of conducting a brainstorming session in the context of entrepreneurship?

<p>To gather the audience's thoughts on potential business ideas (C)</p> Signup and view all the answers

Why are case studies of both successful and unsuccessful entrepreneurial ventures provided to small groups?

<p>To analyze factors contributing to success or failure (A)</p> Signup and view all the answers

What is the aim of encouraging open discussions by asking thought-provoking questions in the context of entrepreneurship?

<p>To stimulate critical thinking and engagement (C)</p> Signup and view all the answers

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