Why Are Values an Important Factor in the Success of an Entrepreneur

question 3

Multiple Choice

Why are values an important factor in the success of an entrepreneur? Please select all that apply.

• A) Values ensure that the entrepreneur will maximize his/her profits
• B) Values influence the decision by an entrepreneur to pursue an opportunity and take on a certain level of risk and uncertainty
• C) Values influence how the entrepreneur defines 'success'
• D) Values held by entrepreneurs have no influence on the ethical practices undertaken by their enterprises

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Definitions:

Bureau of Labor Statistics

An agency of the U.S. Department of Labor that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, other Federal agencies, State and local governments, business, and labor.

Unemployment Rate

The percentage of the labor force that is jobless and actively looking for work.

Liberals

Individuals or groups who advocate for freedom in economic policies, personal choices, and a minimal role for government in personal affairs.

Unemployment Rate

The ratio of the labor force that finds itself without employment but are in the hunt for work.