Identify an Accurate Statement About Buying an Existing Business

question 41

Multiple Choice

Identify an accurate statement about buying an existing business.

• A)Buying an existing business does not take as much planning and thought as starting a business from scratch.
• B)An entrepreneur has to discover the sources of cash flow after buying an existing business because there is no established cash flow.
• C)An existing business has the benefit of having an established set of processes.
• D)There is no difference in the risk of buying a franchise compared to starting a business from nothing but an idea.

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Definitions:

Aggression

Behavior intended to harm or intimidate others.

Level Of Testosterone

The concentration of testosterone, a crucial hormone in both males and females, impacting numerous aspects of health and behavior.

Type A Personality

The ‘coronary-prone’ personality – a behavioural correlate of heart disease characterized by striving to achieve, time urgency, competitiveness, and hostility.

Aggression

Actions aimed at causing physical or mental damage to another person.