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In which situation is an entrepreneur’s ethical responsibility affected the most?

Answer and explanation

Correct answer: When the entrepreneur hides a product defect from customers

Ethical business practice requires honesty, informed customer choice, and responsibility for product safety and quality. Hiding a defect deliberately deceives the buyer and can cause financial or physical harm, so it seriously violates trust. Timely service, accurate pricing, and requesting feedback are generally responsible business actions. Therefore, concealing a product defect is the clearest ethical violation.

Related tags

Business-EthicsCustomer-TrustBusiness EthicsSocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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