An Advantage in Purchasing an Existing Business Is Which of the Following

question 96

Multiple Choice

An advantage in purchasing an existing business is which of the following?

• A) Image is difficult to change.
• B) There is an established customer base at the present location.
• C) Employees may be loyal only to previous management.
• D) The business location is unfamiliar.

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Definitions:

Cognitive Changes

Refers to the alterations in cognitive functions such as memory, problem-solving, and attention that occur as a part of aging or due to neurological conditions.

African-Americans

A term referring to Americans of African descent, especially those whose ancestors were enslaved and brought to the United States.

Alzheimer's Disease

A progressive neurodegenerative disease that affects memory, thinking, and behavior, ultimately leading to severe cognitive decline.

Empty Nest Syndrome

A feeling of grief and loneliness parents may feel when their children leave home for the first time, such as to live on their own or attend college.