Part I: How important do you believe business ethics and social responsibility are to a firm's overall philosophy in conducting business? In what ways do some business give back to the community, customers, employees, shareholders, the environment, or the general public?
Part II: What is a small business, and why are they important to the US economy? Identify the main reasons for success and failure among small businesses. Explain entrepreneurship and describe some key characteristics of entrepreneurial personalities and activities.