A Man Leaves a Secure Job and Decides to Start

question 145

Multiple Choice

A man leaves a secure job and decides to start his own business. He looks forward to the challenge of taking calculated risks to make a success of his company. This man most likely is

• A)bored.
• B)high in need for aggression.
• C)low in need for affiliation.
• D)high in need for achievement.

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Definitions:

Ethical Decision-making Approaches

Methods or frameworks used to evaluate and choose among alternatives in a manner consistent with ethical principles.

Codes of Ethics

A set of principles and standards designed to guide the behavior and decision-making of members within a profession or organization.

Traditional Entrepreneurs

Individuals who establish and manage businesses for the principal purpose of profit and growth, typically following conventional business models.

Social Change

The alteration over time in behavior patterns, cultural norms, and social structures within a society, often driven by collective action or technological innovation.