The Single Most Important Thing the Founders of an Entrepreneurial

question 50

True/False

The single most important thing the founders of an entrepreneurial venture can do to avoid ethical misconduct is to establish a strong ethical culture for their firms.

---

Definitions:

Sweden

A country located in Northern Europe, known for its rich history, advanced welfare state, and high standard of living.

Cultural Value

Shared beliefs or standards of a group that guide behavior and preferences, reflecting what is important to the community.

High Power Distance

A cultural dimension that reflects the degree to which less powerful members of organizations and institutions accept and expect power to be distributed unequally.

Argentina

A country in South America, known for its diverse landscapes from the Andes mountains to the plains of Patagonia, rich cultural history, and contributions to literature, dance, and sports.