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Bankruptcy
Entrepreneurs should always be aware that their new venture has certain risks. Whether they be financial, market, or organizational risks, they are risks just the same. Even though an entrepreneur is mindful that the venture could fail, it is necessary to develop a plan for a possible collapse.
Based on your reading for this week:
Is filing bankruptcy ethically and socially responsible? If so, under what conditions? Please give examples. What would you do if you saw your business on the verge of collapse?
With these thoughts in mind:
Due by Wednesday May 18, 2016 a 300-400 word statement that addresses the questions listed above.
Support your work with specific citations from the Learning Resources. You are allowed to draw from additional sources to support your argument, but you must cite using APA standards. All quoted material must be identified, cited, and referenced per APA standards.
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