Entrepreneurs Should Attempt to Buy a Troubled Business at a Discount

question 76

True/False

Entrepreneurs should attempt to buy a troubled business at a discount even if they do not have specific skills and a plan to turn around a business that is in significant decline.

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Definitions:

Decreases

A reduction in size, number, value, or extent of something.

Temperament

Genetically based behavioral tendencies seen in young children.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Learned Behavior

Skills or responses that are acquired through observation, experience, or instruction, rather than being innate or instinctual.