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To achieve success, entrepreneurial resources must be:
a. Of low value so as to reduce cost.
b. Common.
c. Non-core competencies that are hard to imitate.
d. Organizationally embedded.
e. All of the above.
Ethical Test
A set of criteria applied to determine whether an action or decision is morally right, examining factors like fairness, harm, and integrity.
Ethical Decision-Making
The process of evaluating and choosing among alternatives in a manner consistent with ethical principles and values.
Decision-Making Strategies
Approaches or methodologies used to select the best alternative from several options based on specific criteria or objectives.
Code of Ethics
A set of principles and guidelines designed to help professionals conduct business honestly and with integrity.
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