Buying an Existing Business Looks Appealing to the Potential Business

question 49

Multiple Choice

Buying an existing business looks appealing to the potential business owner for which of the following reasons?

• A) The existing firm is already functioning.
• B) The existing firm will always make a profit.
• C) The existing firm will have the best employees.
• D) The existing firm's owner will always provide financing.

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Definitions:

Ethical Value

The importance placed on moral behaviors and actions that are considered right and good in a societal or individual context.

Distribution Decisions

Choices made regarding the channels and processes used to deliver a product from the manufacturer to the end consumer.

Supply Chain

The entire process of making and selling goods, including raw materials, manufacturing, distribution, and sale.

Ethical Decision-making

Assessing and picking options in a process that adheres to principles of morality.