Decisions made by entrepreneurs


Assignment:

Answer the following question in 250 words.

Question. 1. Entrepreneurs make decisions that impact organizations both internally and externally. In such a position, how do you make decisions when they conflict with your personal ethics and instincts? What personal values and ethical standards do you consider most important when making decisions? Provide an example that you have experienced or observed that supports the idea of trusting your intuition and ethical beliefs

 

Question 2. Entrepreneurs should remember that part of a company's stewardship includes socially responsible actions in the community.

  • In what ways do organizations gain trust and show they are socially responsible stewards? How is trust lost and how are reputations damaged? Discuss examples of companies that are socially responsible and have earned the trust of the community. Conversely, discuss other companies that have lost the trust of communities and damaged their reputations through social irresponsibility. What will you do to ensure that your organization maintains a positive reputation in the community?

 

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Business Management: Decisions made by entrepreneurs
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