What is meant by entrepreneurial ethics?

• Principles and moral values that guide the behavior of entrepreneurs and run their business.

• Laws and regulations that must be adhered to in business.

• Ways to communicate with customers.

• Methods to promote products.

What is included in the principles of honesty and transparency in entrepreneurial ethics?

• Avoiding taxes

• Hiding financial reports

• Being honest in product promotion and financial reports

• Ignoring feedback from customers

What is meant by social responsibility in entrepreneurial ethics?

• Ensuring that business does not harm society or damage the environment

• Providing bonuses for employees

• Avoiding competition with competitors

• Prioritizing profit above all else

Why is the principle of justice important in entrepreneurial ethics?

• To avoid healthy competition

• To ensure balanced and non-discriminatory rights

• To reduce production costs

• To increase company profits

What is meant by respecting the law in entrepreneurial ethics?

• Complying with applicable laws and regulations

• Ignoring the law for personal gain

• Using illegal business methods

• Avoiding tax obligations

How should ethical entrepreneurs treat their employees?

• Providing fair wages and a safe working environment

• Cutting costs by reducing employee salaries

• Allowing employees to work without contracts

• Ignoring employee welfare

What should entrepreneurs avoid to prevent monopolistic practices?

• Collusion and anti-competitive practices

• Healthy competition

• Cooperation with competitors

• Improving product quality

What is meant by integrity in service?

• Providing satisfactory service and clear information

• Hiding important information about products

• Offering products at high prices

• Ignoring customer complaints

Why is respect for competitors important in entrepreneurial ethics?

• To maintain healthy relationships and avoid unethical strategies

• To destroy the reputation of competitors

• To reduce promotional costs

• To avoid competition

What are the benefits of building a good reputation through business ethics?

• Gaining support from customers, partners, and society

• Reducing production costs

• Avoiding government regulations

• Quickly obtaining profits