Asked by Bernadette Kongswasdi on Apr 26, 2024
Verified
Classic entrepreneurship is a form of ethical entrepreneurship that seeks novel ways to solve pressing social problems.
Ethical Entrepreneurship
The practice of conducting business in a manner that is guided by moral principles and values, aiming to have a positive impact on society and the environment.
Social Problems
Issues that affect many people in a society, often requiring intervention to solve or mitigate.
- Recognize the role of ethical and social entrepreneurship.
Verified Answer
AP
Amber PerkinsApr 28, 2024
Final Answer :
False
Explanation :
Classic entrepreneurship primarily focuses on identifying and exploiting business opportunities for profit, rather than specifically aiming to solve social problems, which is more characteristic of social entrepreneurship.
Learning Objectives
- Recognize the role of ethical and social entrepreneurship.