Why Must an Entrepreneur Interview the Current Employees of a Business

question 23

Multiple Choice

Why must an entrepreneur interview the current employees of a business before she or he purchases it?

• A) All employee terminations must happen within thirty days of the purchase to be legally valid
• B) The employees are more likely to provide information regarding the business that may be ambiguous or negative
• C) Interviewing the employees shows the seller the entrepreneur is serious about purchasing the business
• D) The employees are able to cross check information the owner provided to identify if he or she is lying to the entrepreneur

---

Definitions:

Social Status

An individual's or group's standing or rank within a society, based on various factors such as wealth, occupation, or honor.

Social Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity.

Sociogram

A graphical representation of the social links and dynamics within a group.

Social Relationships

Connections between individuals shaped by communication, shared experiences, and emotional bonds.