3
QuizMultiple Choice

Entrepreneurship — Quiz

Question 3 • Economics

An entrepreneur must accept being accountable for the failure of the company because the entrepreneur is

Answer
A
expected to dedicate the most hours to the business.
B
responsible for organizing the business.
C
part of the management team.
D
expected to contribute positively to society.

Explanation

An entrepreneur is accountable for a company’s failure because they take responsibility for organizing and running the business. Putting the business together also means accepting responsibility for its outcomes, including failure. Working long hours or contributing to society does not by itself make someone accountable for the company’s results.

AI-written and checked against the verified answer.

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