LAP EN 044

Why is it so important for startup companies to maintain happy, engaged employees?

• Entrepreneurs can make money off of employees by overworking them

• Employees have practically no influence on a company's profits

• Happy employees are more likely to purchase the business's products

• Employees have a large impact on the success of a business

Ethical behavior is crucial for entrepreneurial success because

• investors only support unethical companies

• customers expect companies to act ethically

• the public generally distrusts entrepreneurs

• unethical behavior is usually more profitable

"Cheating the system" in entrepreneurship often leads to

• tremendous profits

• legal immunity

• legal trouble

• customer loyalty

Ethical entrepreneurs can be confident that

• they are doing what's best for short-term profitability

• their companies are making a positive impact in the world

• the public will not spend extra money to support them

• they are guaranteed to make a large profit in the long term

Ethical entrepreneurs are more likely to

• engage in public relations activities

• face lawsuits and other legal problems

• lose money and face bankruptcy

• attract and retain employees

When an entrepreneur makes unethical product decisions, they are more likely to

• attract potential business investors

• harm customers through negligence

• gain dedicated, lifelong customers

• enhance future earnings potential

An entrepreneur who acts ethically is less likely to

• attract quality employees

• harm the environment

• make an impact in the community

• satisfy their customers

Depending on the circumstances, stealing someone else's idea and passing it off as your own may constitute

• copyright infringement

• ethical accountability

• business negligence

• trademark awareness

Within a startup business or young company, the primary responsibility for acting ethically falls to

• the company's customers

• the business's employees

• business investors

• the entrepreneur

Andrew exaggerated his company's anticipated year-one income to entice a potential business investor. In other words, Andrew committed

• trademark infringement

• corporate responsibility

• nepotism

• puffery