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List and Describe Two Advantages and Two Disadvantages of Buying

question 21

Essay

List and describe two advantages and two disadvantages of buying an existing business.


Definitions:

Performance Objectives

Specific, measurable goals set for individuals or teams to achieve within a specified timeframe to improve overall performance.

Quantity

The amount or number of a material or immaterial thing not considering its quality or nature.

Timeliness

The quality of being done or occurring at a favorable or appropriate time.

Performance Management

A continuous process of setting objectives, assessing progress, and providing on-going feedback to ensure that employees are meeting their targets and career goals.

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