Which One of the Following Is Not an Advantage in Buying

question 15

Multiple Choice

Which one of the following is not an advantage in buying an existing business?

• A) There is less risk than starting a new business
• B) Employees are already in place
• C) The operations and management are set in their ways
• D) Relationships with suppliers are already established

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Definitions:

Work Experience

A record of jobs and positions held, including tasks, responsibilities, and achievements, often provided by applicants in job applications.

Educational Requirements

The specific set of academic qualifications or levels of education a person needs to complete or attain to be eligible for a job, program, or professional certification.

Organizational Skills

The ability to efficiently manage tasks, time, and resources to achieve objectives.

Analytical Skills

The ability to critically assess and interpret information, solve problems, and make decisions based on evidence and logical reasoning.