
Business Ethics- Module 10, Special Professions Day 1
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Mr Birkholz
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11 Slides • 7 Questions
1
Module 10, Special Professions
Day 1
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Objectives
Identify ethical challenges relating to entrepreneurial start-ups
Explain the influence of advertising on consumers
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5
Multiple Choice
What percentage of venture-backed startups fail?
25%
60%
75%
50%
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Multiple Choice
Max Weber characterized the private economy as which of the following?
Appreciate the consequences of bureaucracy.
The money economy is a presupposition of bureaucracy
Bureaucracy is predominant
Bureaucracy is a basic institution
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9
Multiple Choice
Which of the following does an entrepreneur typically need to be willing to do to start a business?
Select a product or service that will be sustainable
Delegate the risk to start a company
Self-finance the new company
Hire a board of directors to manage the business
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Multiple Choice
Which of the following best defines entrepreneurial culture?
combination of dogmatic and detailed style
combination of dedication and establishment
combination of execution mindset and fraternity
combination of management style and personality
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Multiple Choice
Why do people buy products that are harmful to them?
People have limited disposable income for discretionary buying.
People tend to go against what advertisers tell them to buy.
People desire these products even if they do not need them
People inherently seek out products that may be harmful.
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Multiple Choice
Consumer responsibility is diminished if advertising is directed toward children.
True
False
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Multiple Choice
All start-up companies must maintain the same product/service, approach, and team to be successful.
True
False
Module 10, Special Professions
Day 1
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