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Refusing to reduce employee safety even when profit declines is an example of which principle?

Answer and explanation

Correct answer: Responsible entrepreneurship

Responsible entrepreneurship balances financial aims with the safety, dignity, and welfare of people affected by the business. Protecting employees during a difficult period reflects ethical responsibility even when it increases short-term costs. It is not simply profit maximization or low ambition, and it is broader than avoiding business risk.

Related tags

Responsible EntrepreneurshipEmployee SafetyBusiness EthicsQualities And Functions Of An EntrepreneurEntrepreneurial Skills IArtificial IntelligenceClass 9 Mcq

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