Essay details: Everyone has heard it before: “Don’t ask for permission, ask for

Essay details:
Everyone has heard it before: “Don’t ask for permission, ask for forgiveness”. Breaking the rules has long been associated with innovation and entrepreneurship. However, recent scandals around e.g. Elizabeth Holmes (Theranos) or Sam Bankman-Fried (FTX) have demonstrated that there are obvious lines as to how far you can go as an entrepreneur/company. Please discuss how companies and/or entrepreneurs can manage to balance the upside and downside of rule-breaking. Use peer-reviewed papers for your argumentation.
Information on the Essay:

The essay is limited to a maximum of 500 words in length (references and bibliography are not included and hence, not part of the 500 words limit)
Citation style: APA 7th edition
References: only cite peer-reviewed papers
Formatting style: Arial or Times New Roman, 12-point font, 1.5 spacing
No cover page is needed.
Add word count at the end of your essay
The admission council will check for plagiarism and AI Use. In Addition the essay will be evaluated together with my application from first round. The first round application can be found in the documents below.