What Is True of Megadealerships

question 52

Multiple Choice

What is true of megadealerships?

• A)Megadealerships are local operations
• B)Roger Penske owns AutoNation.
• C)Many megadealerships are not publicly traded
• D)Megadealerships operate internally just as do local dealerships.

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Definitions:

Viability

The ability of a project, idea, or entity to work successfully and sustainably.

Life Cycles

The series of changes in the life of an organism or product, including birth or inception, growth, maturity, and decline or death.

Entrepreneurships

The act of creating, designing, and running new businesses, often characterized by risk-taking and innovation, in pursuit of opportunity and profit.

IPO Stage

The phase in which a private company becomes a public company by offering its shares to the public for the first time.