Ethical Entrepreneurship and Business Sustainability

Ethical Entrepreneurship and Business Sustainability

11th Grade

21 Qs

quiz-placeholder

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Ethical Entrepreneurship and Business Sustainability

Ethical Entrepreneurship and Business Sustainability

Assessment

Quiz

Professional Development

11th Grade

Practice Problem

Medium

Created by

Omari Williams

Used 3+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who has the most power to shape organizational culture and values in a startup business?

Competitors
Customers

Entrepreneurs

Interns

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain why it's more important than ever for entrepreneurs and their companies to act ethically.

Ethical behavior is outdated and unnecessary in today's business environment
Unethical behavior can lead to positive impact on overall business performance

unethical behavior can quickly damage a company's reputation and lead to severe consequences such as loss of customers, legal actions, and negative impact on the overall business performance.

In today's interconnected world, unethical behavior has no consequences for a company

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain how acting ethically decreases the risk of harm to the environment and to a company's customers.

Acting unethically increases the risk of harm to the environment and customers by promoting responsible and sustainable practices
Acting ethically has no impact on the risk of harm to the environment and customers
Acting ethically increases the risk of harm to the environment and customers by promoting irresponsible and unsustainable practices

It Is less likely to cause harm to the environment or to
their customers through negligence or oversight

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do entrepreneurs who act ethically enjoy greater support from customers and suppliers?

Acting ethically builds trust and credibility, leading to greater support from customers and suppliers, and increased sales

Ethical behavior leads to customers and suppliers feeling distrustful and unsupportive
Customers and suppliers prefer to support entrepreneurs who are unpredictable and unreliable
Acting unethically creates a sense of mystery and intrigue, attracting more customers and suppliers

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain why ethical entrepreneurs are less likely to get into legal trouble.

Ethical entrepreneurs are less likely to get into legal trouble because they prioritize honesty, integrity, and compliance with laws and regulations in their business practices.
Ethical entrepreneurs are more likely to break the law for personal gain
Ethical entrepreneurs prioritize deception and dishonesty in their business practices
Ethical entrepreneurs are not concerned with following regulations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain why ethical entrepreneurs are more likely to attract and retain employees.

Ethical entrepreneurs are more likely to attract and retain employees because they offer the highest salaries in the industry.
Ethical entrepreneurs are more likely to attract and retain employees because they have strict and inflexible work policies.
Ethical entrepreneurs are more likely to attract and retain employees because they create a positive work environment and treat employees with respect.
Ethical entrepreneurs are more likely to attract and retain employees because they prioritize profits over employee well-being.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is ethical behavior the best way to build a successful company?

Ethical behavior does not impact trust or reputation
Ethical behavior is the best way to build a successful company because it fosters trust, reputation, and positive relationships with stakeholders, while reducing legal and financial risks.
Unethical behavior leads to higher legal and financial risks
Successful companies are built on dishonesty and deceit

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