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Ethics reduces profit in entrepreneurship so it should be ignored. Why is this statement incorrect?

Answer and explanation

Correct answer: Ethical behaviour can build trust and long-term reputation

Ethics can support long-term customer trust and sustainability. Distinguish short-term and long-term effects.

Related tags

Ethics-MythTrustReputationMyths About EntrepreneurshipEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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