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

Entrepreneur must accept being accountable for the failure of the company because the entrepreneur is: responsible for organizing the business.

This mean that entrepreneur would be involved in creating both long term and short term goals along with the steps that needed to be taken in order to achieve them. Considering how much control they have in their business, they must accept being accountable for both company's success and failures.

john smith was the first englishman to sail around the world. francis bacon served as attorney general and lord chancellor of england. he took up aristotelian ideas, arguing for an empirical, inductive approach, known as the scientific method, which is the foundation of modern scientific inquiry.