One Should Buy an Existing Business Even If the Financial

question 36

True/False

One should buy an existing business even if the financial condition of the firm is poor.

---

Definitions:

Design of Work

The process of structuring jobs, tasks, and organizational environments to maximize employee productivity and satisfaction.

Paul Thayer

A psychologist known for his contributions to industrial and organizational psychology, focusing on human factors and personnel selection.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive work unit.

Job Enlargement

is an approach to job design that increases the number of tasks for a worker, aiming to make the work more varied and interesting.