Which of the Following Statements Is True of Conventional Entrepreneurs

question 42

Multiple Choice

Which of the following statements is true of conventional entrepreneurs?

• A)They look at needs that,once met,can enhance a variety of forms of well-being.
• B)They seek to eliminate needs or demand for their products or services.
• C)They are constantly looking for better and more financially rewarding ways to meet needs.
• D)They often explore ways to improve employment opportunities for the marginalized of society.

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Definitions:

Post-conventional Level

A stage in moral development where individuals make decisions based on ethical principles and societal rules.

Social Contract

A theoretical framework that posits individuals have consented, either explicitly or tacitly, to surrender some of their freedoms and submit to the authority of the ruler or magistrate (or to the decision of a majority), in exchange for protection of their remaining rights.

Ethical Theories

Philosophical ideas or principles that guide decisions about what is morally right and wrong.

Character

The mental and moral qualities distinctive to an individual, which define their nature and actions in various situations.