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An entrepreneur only focuses on profit and ignores social impact. Which weakness does this show?

Answer and explanation

Correct answer: Lack of social responsibility

An enterprise affects employees, customers, communities, and sometimes the environment. Social responsibility means considering these effects, treating stakeholders fairly, and avoiding harm while pursuing business goals. Focusing only on profit may produce unfair practices, loss of trust, or unsustainable decisions. The other options do not describe this weakness.

Related tags

Social-ResponsibilityEthicsConcept Of Social ResponsibilitySocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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