A Disadvantage of Buying an Existing Business Is That Operating

question 39

True/False

A disadvantage of buying an existing business is that operating processes and policies have already been established.This means that it is a riskier purchase than the purchase of a franchise.

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Definitions:

Family Stress Model

A framework outlining how economic disadvantages contribute to parental stress, negatively impacting parenting techniques and hence child development.

Family Poverty

Family poverty refers to families living with income levels below the poverty line, leading to challenges in meeting basic needs such as food, shelter, and healthcare.

Stress

A physical, mental, or emotional factor that causes bodily or mental tension and may be a factor in disease causation.

Bully-Victim

Someone who attacks others and who is attacked as well. (Also called provocative victim because they do things that elicit bullying.)