How can an entrepreneur generate legitimacy?
A) by avoiding constructive criticism
B) by being risk-averse
C) by removing standards established by credentialing associations
D) by visibly conforming to expectations created by governments
E) by maintaining the status quo

Question

Quizplus · Accepted Answer

Governments are powerful entities that are seen as legitimate by most people. By visibly conforming to expectations created by governments, an entrepreneur can generate legitimacy for their business. This can be done by following regulations, paying taxes, and adhering to ethical standards set forth by the government.

How Can an Entrepreneur Generate Legitimacy