According to the Textbook, Many Entrepreneurs Go About the Task

question 35

Multiple Choice

According to the textbook, many entrepreneurs go about the task of raising capital haphazardly because:

• A) they are uncomfortable talking about money and they haven't written a business plan
• B) they lack experience in this area and because they don't know much about their choices
• C) they are focused on the nuts and bolts of starting their business
• D) they haven't completed a feasibility analysis or business plan
• E) they are intimidated by the process and they are unsure of how much money they need

---

Definitions:

Deontology

A branch of ethics that focuses on the morality of actions based on adherence to defined rules or duties, regardless of the outcomes.

Ethical Dilemma

A situation where a person is forced to choose between two morally correct but contradictory actions, with no clear solution.

Act Utilitarianism

A philosophical theory that posits the morality of an action is determined by its contribution to overall happiness, with each situation judged individually.

Deontology

An ethical theory based on the belief that actions are morally required, permitted, or forbidden based on a set of rules.