Which of the Following Is an Advantage of Buying an Existing

question 84

Multiple Choice

Which of the following is an advantage of buying an existing business?

• A)You can identify competitors.
• B)You have access to current cash flow.
• C)You can identify suppliers.
• D)You will inherit employees.

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Definitions:

Economy Growth

An increase in the production of goods and services in an economy over time.

Open Market Operations

The purchase and sale of government bonds by a central bank as a means to regulate the economy's money supply and adjust interest rates.

Inflation

The speed at which the overall price level of goods and services increases, leading to a decline in the currency's buying power.

Interest Rates

The cost of borrowing money or the reward for saving, usually presented as a percentage.