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.

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Definitions:

Confederate States

The Confederate States of America was a collection of 11 southern states that seceded from the United States in 1860-1861, leading to the American Civil War.

Economic Independence

The state of having sufficient personal wealth to live, without needing to work actively for basic necessities.

Supreme Court

The highest judicial court in a country or state, which has the ultimate authority to adjudicate in legal disputes and interpret laws.

Reconstruction

The period after the Civil War in the United States when the southern states were reorganized and reintegrated into the Union.